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Against representative agent methodology

The Review of Austrian economics, 2011-03, Vol.24 (1), p.43-55 [Peer Reviewed Journal]

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Title:
Against representative agent methodology
Author: Koppl, Roger
Subjects: Analysis ; Economic theory ; Economics ; Economics and Finance ; Epistemology ; History of Economic Thought/Methodology ; Laboratories ; Naturalism ; Philosophers ; Philosophy ; Political Science ; Power ; Public Finance ; Research methodology ; Science ; Scientists ; Social research ; Social structure ; Sociology ; Studies ; Trends
Is Part Of: The Review of Austrian economics, 2011-03, Vol.24 (1), p.43-55
Description: Garnett and Boettke both seek to identify the appropriate behavior for the representative scientist. The social structure of science is better represented, however, with a heterogeneous agent model. Social epistemology and epistemological naturalism provide context for the argument against representative agent methodology. Asking whether individual scientists should “commit themselves to an approach and pursue it doggedly” or make “a professional commitment to intellectual tolerance, openness, and broad-mindedness” is like asking whether it is better to be a bouncer or a bookkeeper. The question depends on particulars that vary from person to person. Down with representative agent methodology. Up with diversity.
Publisher: Boston: Springer US
Language: English
Identifier: ISSN: 0889-3047
EISSN: 1573-7128
DOI: 10.1007/s11138-010-0119-z
Source: AUTh Library subscriptions: ProQuest Central
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