The Elgar Companion to Recent Economic Methodology

Title

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