Measurement, quantification and economic analysis : numeracy in economics / edited by Ingrid H. Rima.

Format:

Book

Contributor:

Rima, Ingrid Hahne, 1945-

Language:

English

Subjects (All):

Economics, Mathematical.

Econometrics.

Physical Description:

1 online resource (475 p.)

Edition:

1st ed.

Place of Publication:

London ; New York : Routledge, 1995.

Language Note:

English

Summary:

Most economists assume that the mathematical and quantative sides of their science are relatively recent developments. Measurement, Quantification and Economic Analysis shows that this is a misconception. Its authors argue that economists have long relied on measurement and quantification as essential tools. However, problems have arisen in adapting these tools from other fields. Ultimately, the authors are sceptical about the role which measurement and quantification tools now play in contemporary economic theory.

Contents:

Book Cover; Title; Contents; List of figures; List of tables; List of contributors; From political arithmetic to game theory: an introduction to measurement and quantification in economics; ~I have no great faith in political arithmetick~: Adam Smith and quantitative political economy; Ordering society: the early uses of classification in the British statistical organizations; Measurement in utility calculations: the utilitarian perspective; Institutional origins of econometrics: nineteenth-century business practices; The method of diagrams and the black arts of inductive economics

Jevons versus Cairnes on exact economic lawsA reconstruction of Henry L.Moore's demand studies; The probability approach to index number theory: prelude to macroeconomics; The indicator approach to monitoring business fluctuations: a case study in dynamic statistical methods; The delayed emergence of econometrics as a separate discipline; Some conundrums about the place of econometrics in economic analysis; The right person, in the right place, at the right time: how mathematical expectations came into macroeconomics

The New Classical macroeconomics: a case study in the evolution of economic analysisExperimenting with neoclassical economics: a critical review of experimental economics; The Carnot engine and the working day; The problem of interpersonal interaction: Pareto's approach; Is emotive theory the philosopher's stone of the ordinalist revolution?; If empirical work in economics is not severe testing, what is it?; Econometrics and the ~facts of experience~; Simultaneous economic behavior under conditions of ignorance and historical time

Liapounov techniques in economic dynamics and classical thermodynamics: a comparisonThe Hamiltonian formalism and optimal growth theory; The impact of John von Neumann's method; Index

Notes:

Simultaneously published in the USA and Canada.

Includes bibliographical references and index.

ISBN:

1-134-87923-7

1-134-87924-5

1-280-33095-3

0-203-03105-9

9780203031056

OCLC:

437077756