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abstraction 1 idealizations 1 the Abstractionist Defense 1 the Direct Method of testing 1 the Indirect Method of testing 1 unrealistic assumptions 1
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Rappaport, Steven 1
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Journal of Economic Methodology 1
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Abstraction and unrealistic assumptions in economics
Rappaport, Steven - In: Journal of Economic Methodology 3 (1996) 2, pp. 215-236
Economics has been persistently criticized for its heavy reliance on unrealistic assumptions. Some people reply to this criticism by saying that the unrealistic assumptions of economics result from abstraction from unimportant details, and abstraction is necessary for knowledge of a complex real...
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