Tuesday, October 13, 2009
Paul Romer on Elinor Ostrom and Crucial Assumptions
Paul Romer makes some interesting comments on Elinor Ostrom's Nobel Prize win. He points out that many or most economic theories depend on what he calls "skyhooks" - what http://stochastictrend.blogspot.com/2009/08/crucial-assumptions.html">I called "crucial assumptions". According to Romer assuming that people follow rules is a typical "skyhook". Rather than assuming that people would follow
Labels:
Sociology of Science
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