Year: 2017
Type: dissertation
Abstract: We propose that confirmation on economics models has a distinctive two-layered espistemic structure. That is, we analyze that the econometrician as the outside observer interferes with the very model she is observing. We further argue that, due to this structure and the impossibility of knowing the true probability distribution, the Market Selection Hypothesis (MSH) is not directly confirmable from data. We provide a formal proof of this result in the framework of a Bayesian confirmation model.
Author: 김진숙
Language: English
Subfield: History and Philosophy of Science
Field: Arts and Humanities
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2765575146