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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Methodology and Tacit Knowledge: Two Experiments in Econometrics

Methodology and Tacit Knowledge: Two Experiments in Econometrics

Morgan, Mary S.
Magnus
Magnus, Jan R.

Hardcover

Series: Wiley Series in Applied Econometrics

Economics

ISBN10: 0471982970
ISBN13: 9780471982975
Publisher: John Wiley & Sons
Published: Apr 22 1999
Pages: 432
Weight: 1.88
Height: 1.13 Width: 6.84 Depth: 9.92
Language: English
Econometrics textbooks see their subject as a set of techniques; Magnus and Morgan see it as a set of practices. A combination of controlled experiment and anthropology of science, Methodology and Tacit Knowledge gives a rare inside view of how econometricians work, why econometrics is an art and not a set of simple recipes, and why, like all artists, econometricians differ in their techniques and finished works. This is economic methodology at its best. Kevin Hoover, University of California, Davis

The tacit knowledge experiment was a highly commendable initiative. Its exploration of the theme of how knowledge is acquired and used in applied econometrics is unique and produced some fascinating insights into this process. Adrian Pagan, Australian National University

It is rare, perhaps unique, to find leading empirical economists face the prospect of modelling the same phenomena, with the same data within the same limited time frame. A valuable and illuminating experiment in comparative research methodologies, made all the more provocative when compared to the excellent original study by Tobin. Richard Blundell, University College London

This book will be of considerable interest to economists and to econometricians concerned about the methodology of their own discipline, and will provide valuable material for researchers in science studies and for teachers of econometrics.

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