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The Foundations of Positive and Normative Economics
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The Foundations of Positive and Normative Economics: A Hand Book

Andrew Caplin and Andrew Schotter

Abstract

This book is the first book in a series which aims to provide a guide to the rapidly changing methodological frontiers of the field of economics. The absence of such a guide has left economists ill at ease, and has created a backlash against new methods. The series debates critical issues, allowing proponents of a particular research method to present proposals in a safe yet critical context, with alternatives being clarified. This first volume reflects the challenges that are opened by new research opportunities. The goal of the current volume, and the series it presages, is to open formally ... More

Keywords: economics, research, research opportunities, methodology, social science, positive economics, normative economics

Bibliographic Information

Print publication date: 2008 Print ISBN-13: 9780195328318
Published to Oxford Scholarship Online: October 2011 DOI:10.1093/acprof:oso/9780195328318.001.0001

Authors

Affiliations are at time of print publication.

Andrew Caplin, editor

Andrew Schotter, editor

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Contents

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Part I Setting the Stage

Chapter 1 The Case for Mindless Economics

FARUK GUL, and WOLFGANG PESENDORFER

Part II The Debate

Part III New Directions for Normative Economics

Chapter 8 Revealed Mistakes and Revealed Preferences

BOTOND KöSZEGI, and MATTHEW RABIN

Part IV New Directions for Positive Economics

Chapter 12 The Seven Properties of Good Models

XAVIER GABAIX, and DAVID LAIBSON

End Matter