Arbeitspapier
Reactivity in Economic Science
There is a fundamental difference between the natural and the social sciences due to reactivity. This difference remains even in the age of Artificially Intelligent Learning Machines and Big Data. Many academic economists take it as a matter of course that economics should become a natural science. Such a characterization misses an essential aspect of a social science, namely reactivity, i.e. human beings systematically respond to economic data, and in particular to interventions by economic policy, in a foreseeable way. To illustrate this finding, I use three examples from quite different fields: Happiness policy, World Heritage policy, and Science policy.
- Sprache
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Englisch
- Erschienen in
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Series: CREMA Working Paper ; No. 2017-10
- Klassifikation
-
Wirtschaft
General Economics: General
Economic Methodology: General
Game Theory and Bargaining Theory: General
Data Collection and Data Estimation Methodology; Computer Programs: General
Information, Knowledge, and Uncertainty: General
Cultural Economics; Economic Sociology; Economic Anthropology: General
- Thema
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Economics
Social
Natural Science
Reactivity
Data
Happiness
Economic Policy
- Ereignis
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Geistige Schöpfung
- (wer)
-
Frey, Bruno S.
- Ereignis
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Veröffentlichung
- (wer)
-
Center for Research in Economics, Management and the Arts (CREMA)
- (wo)
-
Zürich
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
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2025-03-10T11:43:12+0100
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Frey, Bruno S.
- Center for Research in Economics, Management and the Arts (CREMA)
Entstanden
- 2017
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