Publication details

Mathematics and Economics: Towards Posing the Question

Authors

MENŠÍK Josef

Year of publication 2008
Type Article in Proceedings
Conference Metodologie ekonomie: Seminář 2008
MU Faculty or unit

Faculty of Economics and Administration

Citation
Field Economy
Keywords methodology of economics; mathematical modelling; Agent-based computational economics
Description The aim of the paper is to proceed in the direction towards posing the question of the role and significance of mathematics for economic theory. The nature of the problem is demonstrated on the case of Agent-based computational economics (ACE) -- a recent example of employment of mathematical modelling in economic theorising. The question of the role and significance of mathematics for economic theory seems to have two layers. First is the general question of mathematics as a language of scientific discourse, second is the question of relevance of mathematics as a description of reality. Both layers are further complicated by the fact that people form part of the economic system.

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