Theory and Decision Library A:

Philosophico-Methodological Analysis of Prediction and its Role in Economics

Authors: Gonzalez, Wenceslao J.

  • Offers a new philosophical approach to the study of the role of prediction in economics (economic theory and applied economics)
  • Provides a deeper analysis of economic as a science following a richer concept of “science” (language, structure, knowledge, method, activity, aims and values)
  • Indicates the direct link between philosophical analysis and methodological contributions made by economists
  • Provides a better understanding of the role prediction in economic useful for policy-makers
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eBook $109.00
price for USA in USD (gross)
  • ISBN 978-3-319-08885-3
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $139.99
price for USA in USD
  • ISBN 978-3-319-08884-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $139.99
price for USA in USD
  • Customers within the U.S. and Canada please contact Customer Service at 1-800-777-4643, Latin America please contact us at +1-212-460-1500 (Weekdays 8:30am – 5:30pm ET) to place your order.
  • Due: November 18, 2016
  • ISBN 978-3-319-38005-6
  • Free shipping for individuals worldwide
About this book

This book develops a philosophico-methodological analysis of prediction and its role in economics. Prediction plays a key role in economics in various ways. It can be seen as a basic science, as an applied science and in the application of this science. First, it is used by economic theory in order to test the available knowledge. In this regard, prediction has been presented as the scientific test for economics as a science. Second, prediction provides a content regarding the possible future that can be used for prescription in applied economics. Thus, it can be used as a guide for economic policy, i.e., as knowledge concerning the future to be employed for the resolution of specific problems. Third, prediction also has a role in the application of this science in the public arena. This is through the decision-making of the agents — individuals or organizations — in quite different settings, both in the realm of microeconomics and macroeconomics.

Within this context, the research is organized in five parts, which discuss relevant aspects of the role of prediction in economics: I) The problem of prediction as a test for a science; II) The general orientation in methodology of science and the problem of prediction as a scientific test; III) The methodological framework of social sciences and economics: Incidence for prediction as a test; IV) Epistemology and methodology of economic prediction: Rationality and empirical approaches and V) Methodological aspects of economic prediction: From description to prescription. Thus, the book is of interest for philosophers and economists as well as policy-makers seeking to ascertain the roots of their performance. The style used lends itself to a wide audience.

Table of contents (12 chapters)

  • The Philosophico-Methodological Standpoint: The Issue of Prediction as a Requisite for Science

    Gonzalez, Wenceslao J.

    Pages 3-46

  • Characterization of Scientific Prediction and its Kinds in Economics

    Gonzalez, Wenceslao J.

    Pages 47-76

  • Falsificationism and the Methodological Levels on Prediction

    Gonzalez, Wenceslao J.

    Pages 79-101

  • Prediction and Novel Facts in the Methodology of Scientific Research Programs

    Gonzalez, Wenceslao J.

    Pages 103-124

  • From Erklären–Verstehen to Prediction–Understanding: The Methodological Framework for Prediction in Economics within Social Sciences

    Gonzalez, Wenceslao J.

    Pages 127-147

Buy this book

eBook $109.00
price for USA in USD (gross)
  • ISBN 978-3-319-08885-3
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $139.99
price for USA in USD
  • ISBN 978-3-319-08884-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $139.99
price for USA in USD
  • Customers within the U.S. and Canada please contact Customer Service at 1-800-777-4643, Latin America please contact us at +1-212-460-1500 (Weekdays 8:30am – 5:30pm ET) to place your order.
  • Due: November 18, 2016
  • ISBN 978-3-319-38005-6
  • Free shipping for individuals worldwide
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Bibliographic Information

Bibliographic Information
Book Title
Philosophico-Methodological Analysis of Prediction and its Role in Economics
Authors
Series Title
Theory and Decision Library A:
Series Volume
50
Copyright
2015
Publisher
Springer International Publishing
Copyright Holder
Springer International Publishing Switzerland
eBook ISBN
978-3-319-08885-3
DOI
10.1007/978-3-319-08885-3
Hardcover ISBN
978-3-319-08884-6
Softcover ISBN
978-3-319-38005-6
Series ISSN
0921-3384
Edition Number
1
Number of Pages
XX, 362
Number of Illustrations and Tables
1 b/w illustrations
Topics