Representational Theories and Theoretical Systems (I): Basic or General Theory and General-Class Theory

Erwin Klein
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Erwin Klein: Dalhousie University

Chapter 7 in Economic Theories and their Relational Structures, 1998, pp 76-94 from Palgrave Macmillan

Abstract: Abstract A representational theory is a theory which includes representational hypotheses; and a representational hypothesis, in contrast to a merely phenomenological one, provides an interpretative explanation of the object it refers to. Such an explanation goes beyond the description of the outward relations between two sets of variables — the explanandum and the explanans — to supply a representation of the hypothesized inward mechanism which determines the working of the referent; see Bunge (1967b).

Keywords: Utility Function; Demand Function; Consumer Choice; Expenditure Function; Indirect Utility Function (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37764-6_7

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DOI: 10.1057/9780230377646_7

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