The Elgar Companion to Recent Economic Methodology
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Description
Bringing together a collection of leading contributors to this new methodological thinking, the authors explain how it differs from the past and point towards further concerns and future issues. The recent research programs explored include behavioral and experimental economics, neuroeconomics, new welfare theory, happiness and subjective well-being research, geographical economics, complexity and computational economics, agent-based modeling, evolutionary thinking, macroeconomics and Keynesianism after the crisis, and new thinking about the status of the economics profession and the role of the media in economics.
ISBN
9780857938244
Publication Date
2013
Publisher
Edward Elgar Publishing
City
Northampton
Comments
Table of Contents
1. Introduction: The Changing Character of Economic Methodology / John B. Davis and D. Wade Hands
PART I: ECONOMICS OF BEHAVIOR AND CHOICE
2. Behavioral Economics / Floris Heukelom
3. Experimental Economics / Ana C. Santos
4. Neuroeconomics and Economic Methodology / Don Ross
5. High-Fidelity Economics / Anna Alexandrova and Daniel M. Haybron
PART II: WELFARE AND MICROECONOMIC POLICY
6. Current Trends in Welfare Measurement / Erik Angner
7. Happiness and Experienced Utility / Luigino Bruni and Pier Luigi Porta
8. Applied Policy, Welfare Economics, and Mill’s Half-Truths / David Colander
9. Economics as Usual: Geographical Economics Shaped by Disciplinary Conventions / Uskali Mäki and Caterina Marchionni
PART III: COMPLEXITY AND COMPUTATION IN ECONOMICS
10. Computational Economics / Paola Tubaro
11. Agent-based Modeling: The Right Mathematics for the Social Sciences? / Paul L. Borrill and Leigh Tesfatsion
12. Computing in Economics / K. Vela Velupillai and Stefano Zambelli
PART IV: EVOLUTION AND EVOLUTIONARY ECONOMICS
13. A Philosophical Perspective on Contemporary Evolutionary Economics / Geoffrey M. Hodgson
14. Economics in a Cultural Key: Complexity and Evolution Revisited / Kurt Dopfer
15. Heterogeneous Economic Evolution: A Different View on Darwinizing Evolutionary Economics / Jack Vromen
PART V: MACROECONOMICS
16. Recent Developments in Macroeconomics: The DSGE Approach to Business Cycles in Perspective / Pedro Garcia Duarte
17. On the Role of Theory and Evidence in Macroeconomics / Katarina Juselius
18. Methodological Issues in Keynesian Macroeconomics / Roger E. Backhouse and Bradley W. Bateman
19. The Dismal State of Macroeconomics and the Opportunity for a New Beginning / L. Randall Wray
PART VI: THE ECONOMICS PROFESSION, THE MEDIA AND THE PUBLIC
20. The Spontaneous Methodology of Orthodoxy, and Other Economists’ Afflictions in the Great Recession / Philip Mirowski
21. Invasion of the Bloggers: A Preliminary Study on the Demography and Content of the Economic Blogosphere / Tiago Mata
Index
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