What is Self-Influential Economic Theory?

Artikel

Self-influence and self-reference are among the largely omitted, but quite substantial properties of thought systems in social sciences. These can have significant impact on the ways we can test such thought systems (theories), their applicability and reliability. This paper defines the basic terms of self-influence, which contrary to self-reference, is sneaky and demonstrates in practice over longer periods of time. The outline of classification of self-influence presented in this paper draws on notorious examples – CAPM and efficient market hypothesis. These examples show that philosophy has still much to tell about the methodology of science in economics.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: European Financial and Accounting Journal ; ISSN: 1805-4846 ; Volume: 7 ; Year: 2012 ; Issue: 1 ; Pages: 28-40 ; Prague: University of Economics, Faculty of Finance and Accounting

Classification and Topics

• Classification: Management ; General Economics: General ; Economic Methodology: General ; General Financial Markets: General (includes Measurement and Data)
• Subject: Self-reference ; Self-influence ; Philosophy of science ; EMH ; CAPM

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Buus, Tomáš
• Event: Veröffentlichung
• (who): University of Economics, Faculty of Finance and Accounting
• (where): Prague
• (when): 2012

Further information

• DOI: doi:10.18267/j.efaj.13
• Handle: http://hdl.handle.net/10419/109885
• Last update: 10.03.2025, 11:44 AM CET