The unreasonable ineffectiveness of mathematics in economics
نویسندگان
چکیده
منابع مشابه
The Unreasonable Ineffectiveness of Mathematics in Economics
In this paper I attempt to show that mathematical economics is unreasonably ineffective. Unreasonable, because the mathematical assumptions are economically unwarranted; ineffective because the mathematical formalizations imply non-constructive and uncomputable structures. A reasonable and effective mathematization of economics entails Diophantine formalisms. These come with natural undecidabil...
متن کامل1 The Unreasonable Ineffectiveness of Mathematics in Economics ∗
In this paper I attempt to show that mathematical economics is unreasonably ineffective. Unreasonable, because the mathematical assumptions are economically unwarranted; ineffective because the mathematical formalizations imply non-constructive and uncomputable structures. A reasonable and effective mathematization of economics entails Diophantine formalisms. These come with natural undecidabil...
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Recognizing mathematics as a human creation, Wigner (and Einstein too) wondered at our ability to build mathematical models that predict events beyond experience, and with uncanny precision! In this talk, we’ll consider a psychological approach to mathematical foundations and development–an approach that provides some reason for the effectiveness of mathematical models. In taking this approach,...
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Although the phrase ‘unreasonable effectiveness of mathematics’ is widely used, it is not clear what it means. To understand this phrase critically, we first need to understand the meaning of mathematics and what it means to use it in the sciences. This paper begins by considering the different views on the nature of mathematics, the diversity of which points to the difficulty in understanding ...
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ژورنال
عنوان ژورنال: Cambridge Journal of Economics
سال: 2005
ISSN: 1464-3545,0309-166X
DOI: 10.1093/cje/bei084