It's just a feeling: why economic models do not explain

Anna Alexandrova and Robert Northcott

Journal of Economic Methodology, 2013, vol. 20, issue 3, 262-267

Abstract: Julian Reiss correctly identified a trilemma about economic models: we cannot maintain that they are false, but nevertheless explain and that only true accounts explain. In this reply we give reasons to reject the second premise -- that economic models explain. Intuitions to the contrary should be distrusted.

Date: 2013
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DOI: 10.1080/1350178X.2013.828873

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