Radical Innovation in Empirical Economics
Chapter 4: Three Types of Rigour
After the publication of the Arrow-Debreu model, economists were awestruck by the rigor and consistency of the reasoning. Finally, it was agreed, all the surplus flesh had been stripped off the skeleton of economic theory, and we now had new levels of analytic rigor to live up to if we were to be taken seriously as theorists. Alan Kirman
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