Using as examples Akerlof's 'market for ''lemons''' and Schelling's 'checkerboard' model of racial segregation, this paper asks how economists' abstract theoretical models can explain features of the real world. It argues that such models are not abstractions from, or simplifications of, the real world. They describe counterfactual worlds which the modeller has constructed. The gap…
Journal of Economic Methodology Template
Write in a clean editor, then format for Journal of Economic Methodology in one click — DocuGuru applies the official Taylor & Francis template with author–year references and exports a submission-ready PDF plus the editable LaTeX source. Free to start.
About the Journal of Economic Methodology format
Journal of Economic Methodology is a peer-reviewed journal published by Taylor & Francis, covering Economic Theory and Institutions, Economic theories and models, Decision-Making and Behavioral Economics.
| Publisher | Taylor & Francis |
|---|---|
| Reference style | Author–year (Chicago, T&F) Author–year — (Smith, 2023) in the text Smith, Ada, Ben Jones, and Cara Lee. 2023. "A Representative Article Title." Journal of Economic Methodology 12 (3): 45–58.
Formats any DOI in Journal of Economic Methodology style. No sign-up. |
| Publishes research in | Economic Theory and Institutions Economic theories and models Decision-Making and Behavioral Economics Philosophy and History of Science Experimental Behavioral Economics Studies |
| ISSN | 1350-178X |
| Citation impact (2-yr) | 0.61 |
| h-index | 60 |
| i10-index | 378 |
| Total citations | 17,373 |
| Top institutions publishing here | Erasmus University Rotterdam |
| Journal website | www.tandfonline.com |
| You get | A submission-ready PDF and the editable LaTeX source — ready to submit. |
Papers published in Journal of Economic Methodology per year
Citation impact of Journal of Economic Methodology by publication year
Citations each year’s papers have accumulated so far — the most recent years are still building up.
Most-cited papers in Journal of Economic Methodology
Advocacy of 'methodological individualism' is widespread, especially among economists. However, the term is rarely defined with adequate precision and some crucial ambiguities are explored in this article. Among these is the commonplace ambivalence over whether explanations should be in terms of individuals alone, or in terms of individuals plus relations between them. It is shown…
The artificiality of a laboratory situation is placed in the context of the tension between external and internal validity. Most economists consider internal validity to be most important. A proper evaluation of the 'artificiality criticism' (a lack of external validity) requires distinguishing the various goals experimentalists pursue. External validity is relatively more important for experiments…
A model is a representation of something beyond itself in the sense of being used as a representative of that something, and in prompting questions of resemblance between the model and that something. Models are substitute systems that are directly examined in order to indirectly acquire information about their target systems. An experiment is an…
Stories form an integral part of models. An economic model can not be fully characterized simply by knowing its structure: the model can only be completely described when we know how it works and what it can do. This activity of manipulating a model requires a narrative device, such as a question, which sets off…