cm0002@no.lastname.nz to Science@mander.xyz · 5 days agoThis paper in Management Science has been cited more than 6,000 times. It’s fatally flawed.statmodeling.stat.columbia.eduexternal-linkmessage-square10linkfedilinkarrow-up148arrow-down12cross-posted to: science@lemmy.ml
arrow-up146arrow-down1external-linkThis paper in Management Science has been cited more than 6,000 times. It’s fatally flawed.statmodeling.stat.columbia.educm0002@no.lastname.nz to Science@mander.xyz · 5 days agomessage-square10linkfedilinkcross-posted to: science@lemmy.ml
minus-squareRiddick3001@lemmy.worldlinkfedilinkarrow-up4arrow-down1·5 days agoThe waters are getting muddy once we start discussing hard & soft sciences, beliefsystems and politics. But economics only works because of its underlying premises . These premises can be eroded, like: trust, open and transparent market, and trade, iirc.
minus-squarevillage604@adultswim.fanlinkfedilinkEnglisharrow-up4·5 days agoAnd the changes to the underlying premises as well as their impacts are part of the study of economics.
The waters are getting muddy once we start discussing hard & soft sciences, beliefsystems and politics.
But economics only works because of its underlying premises . These premises can be eroded, like: trust, open and transparent market, and trade, iirc.
And the changes to the underlying premises as well as their impacts are part of the study of economics.