Isolation, idealization and truth in economics

Poznan Studies in the Philosophy of the Sciences and the Humanities 38:147-168 (1994)
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Abstract

Challenges the widely held view that good models must necessarily be simplifications and hence cannot be true. This is done by distinguishing between whole truth (complete description) and truth (essential description, attained by the method of isolation).

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Uskali Mäki
University of Helsinki

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