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101 0 $aeng
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181   $ctxt$2rdacontent
182   $cc$2rdamedia
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200 10$aProbability, econometrics and truth $ethe methodology of econometrics /$fHugo A. Keuzenkamp$b[electronic resource]
210  1$aCambridge :$cCambridge University Press,$d2000.
215   $a1 online resource (ix, 312 pages) $cdigital, PDF file(s)
300   $aTitle from publisher's bibliographic system (viewed on 05 Oct 2015).
311   $a0-521-02973-2 
311   $a0-521-55359-8 
320   $aIncludes bibliographical references (p. 281-298) and index.
327   $tThe philosophy of induction --$tProbability and indifference --$tIntermezzo: a formal scheme of reference.
330   $aWhen John Maynard Keynes likened Jan Tinbergen's early work in econometrics to black magic and alchemy, he was expressing a widely held view of a new discipline. However, even after half a century of practical work and theorizing by some of the most accomplished social scientists, Keynes' comments are still repeated today. This book assesses the foundations and development of econometrics and sets out a basis for the reconstruction of the foundations of econometric inference by examining the various interpretations of probability theory which underlie econometrics. Keuzenkamp claims that the probabilistic foundations of econometrics are weak, and although econometric inferences may yield interesting knowledge, claims to be able to falsify or verify economic theories are unwarranted. Methodological falsificationism in econometrics is an illusion. Instead, it is argued, econometrics should locate itself in the tradition of positivism.
517 3 $aProbability, Econometrics & Truth
606   $aEconometrics
606   $aProbabilities
615  0$aEconometrics.
615  0$aProbabilities.
676   $a330/.01/5195
700   $aKeuzenkamp$b Hugo A.$01040807
801  0$bUkCbUP
801  1$bUkCbUP
906   $aBOOK
912   $a9910450310203321
996   $aProbability, econometrics and truth$92463962
997   $aUNINA