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A Vision of a Science of Economics

Bernt P. Stigum

in Econometrics in a Formal Science of Economics: Theory and the Measurement of Economic Relations

Published in print:
2014
Published Online:
September 2015
ISBN:
9780262028585
eISBN:
9780262323109
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262028585.003.0002
Subject:
Economics and Finance, Econometrics

The chapter presents Ragnar Frisch and Trygve Haavelmo’s vision of a science of economics, explicates in simple terms the meaning of a formal theory-data confrontation, and describes and resolves an ... More


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