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Theory absorption and the testability of economic theory

✍ Scribed by Raymond Dacey

Book ID
112506864
Publisher
Springer Vienna
Year
1976
Tongue
English
Weight
965 KB
Volume
36
Category
Article
ISSN
1617-7134

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Are theories of rationality empirically
Are theories of rationality empirically testable?
✍ Howard Smokler πŸ“‚ Article πŸ“… 1990 πŸ› Springer Netherlands 🌐 English βš– 470 KB

Since rationality is a normative ideal, it is difficult to see how a theory of rationality might be subjected to empirical evaluation. This paper explores various aspects of this problem in relation to the work of L. J. Cohen, Amos Tversky and Daviel Kahneman, Ellery EeUs, Isaac Levi, and Henry Kybu