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- W2360345660 abstract "This paper intends to examine the two philosophical bases of mathematical economics formalism,namely,positivism and Bourbakism.It also discusses the nature and internal limitations of the concept of closed system by referring to new findings of scientific philosophy and methodology such as critical realism.Further explanations are offered on why mathematical method based on applicability has limitations,and how it is not necessarily more accurate than non-methematical methods.The paper concludes that economic studies should not be restricted to positivism such as the philosophical concept of closed system,and should turn to an open system and relevant methodology of pluralism." @default.
- W2360345660 created "2016-06-24" @default.
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- W2360345660 date "2008-01-01" @default.
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- W2360345660 title "Philosophical Bases of Mathematical Economics formalism and Its Limitations" @default.
- W2360345660 hasPublicationYear "2008" @default.
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