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  • © 1997

Encompassing

Formulation, Properties and Testing

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Part of the book series: Lecture Notes in Economics and Mathematical Systems (LNE, volume 446)

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Table of contents (6 chapters)

  1. Front Matter

    Pages I-X
  2. Introduction

    • Geert Dhaene
    Pages 1-5
  3. Pseudo-true values

    • Geert Dhaene
    Pages 7-30
  4. Encompassing

    • Geert Dhaene
    Pages 31-52
  5. Testing the encompassing hypothesis

    • Geert Dhaene
    Pages 53-104
  6. Encompassing tests for the linear model

    • Geert Dhaene
    Pages 105-137
  7. Conclusion

    • Geert Dhaene
    Pages 139-141
  8. Back Matter

    Pages 143-166

About this book

The history of many sciences is characterized by an almost continuous emer­ gence of new theories. From a normative point of view, the survival of a new theory should mainly be determined by its ability to explain a new body of facts which the existing theories are unable to explain. If in addition the new theory is able to explain all the results obtained by the existing theories and if it can point out why these theories fail to explain certain facts, it should become the dominant theory. Otherwise, it might coexist with other theories for some time. Hence, a new theory ought to be judged not only by confronting it with existing facts, but also by confronting it with existing theories. The idea that a theory should be able to account for the results ob­ tained by other theories, although implicitly adhered to by many scientists, has rarely been formalized. The statistics literature on parametric hypoth­ esis testing, though, might be seen as an instance of such a formalization.

Authors and Affiliations

  • Centrum voor Economische Studiën, Katholieke Universiteit Leuven, Leuven, Belgium

    Geert Dhaene

Bibliographic Information

Buy it now

Buying options

eBook USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access