Two models of social learning in networks, with concepts drawn from economics and physics

Article Type

Research Article

Publication Title

European Physical Journal: Special Topics

Abstract

In this paper, we consider the status of economics as a science, especially as compared to the most successful of sciences, physics, and formulate this in terms of the Popperian notion of criticisability (an extension of his earlier falsifiability demarcation criterion between science and other studies). We then discuss how methods having some similarity to models prevalent in physics might help elucidate dynamic analyses of heuristic learning in economics, though each of the two felds has a unique conceptual framework.

First Page

3151

Last Page

3157

DOI

10.1140/epjst/e2016-60205-9

Publication Date

12-1-2016

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