Home » Methodology and Tacit Knowledge: Two Experiments in Econometrics by Mary S. Morgan
Methodology and Tacit Knowledge: Two Experiments in Econometrics Mary S. Morgan

Methodology and Tacit Knowledge: Two Experiments in Econometrics

Mary S. Morgan

Published May 14th 2014
ISBN : 9780585270920
Unknown Binding
413 pages
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 About the Book 

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 howMoreEconometrics 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, DavisThe 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 UniversityIt 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 LondonThis 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.