Re: Robustness

26 July 2006 at 9:40 am Leave a comment

| Peter Klein |

Econometric methodology junkies may wish to dig up the December 1988 isssue of the Economic Record, which contains a symposium on same. Contributors include heavyweights Dennis Aigner, Clive Granger, Edward Leamer, Hashem Pesaran, Esfandiar Maasoumi, and P.C.B. Phillips. (If you’re lucky you can get it from EBSCO Host.) I just happened to stumble across a hardcopy of the Leamer article, “Things That Bother Me,” which begins thusly:

I thought I might share with you some things that bother me.
(1) There are too few issues.
(2) There are too many sharp hypotheses.
(3) There are too few graphs.
(4) There is too much asymptotic theory.
(5) There are too many diagnostics.
(6) There is too little testing “the usefulness” of theories/models.
(7) There is too little “confusion.”

Entry filed under: - Klein -, Methods/Methodology/Theory of Science.

Classical Liberal Sociology Frontiers of Shirking, via Scott Adams

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Authors

Nicolai J. Foss | home | posts
Peter G. Klein | home | posts
Richard Langlois | home | posts
Lasse B. Lien | home | posts

Guests

Former Guests | posts

Networking

Recent Posts

Categories

Feeds

Our Recent Books

Nicolai J. Foss and Peter G. Klein, Organizing Entrepreneurial Judgment: A New Approach to the Firm (Cambridge University Press, 2012).
Peter G. Klein and Micheal E. Sykuta, eds., The Elgar Companion to Transaction Cost Economics (Edward Elgar, 2010).
Peter G. Klein, The Capitalist and the Entrepreneur: Essays on Organizations and Markets (Mises Institute, 2010).
Richard N. Langlois, The Dynamics of Industrial Capitalism: Schumpeter, Chandler, and the New Economy (Routledge, 2007).
Nicolai J. Foss, Strategy, Economic Organization, and the Knowledge Economy: The Coordination of Firms and Resources (Oxford University Press, 2005).
Raghu Garud, Arun Kumaraswamy, and Richard N. Langlois, eds., Managing in the Modular Age: Architectures, Networks and Organizations (Blackwell, 2003).
Nicolai J. Foss and Peter G. Klein, eds., Entrepreneurship and the Firm: Austrian Perspectives on Economic Organization (Elgar, 2002).
Nicolai J. Foss and Volker Mahnke, eds., Competence, Governance, and Entrepreneurship: Advances in Economic Strategy Research (Oxford, 2000).
Nicolai J. Foss and Paul L. Robertson, eds., Resources, Technology, and Strategy: Explorations in the Resource-based Perspective (Routledge, 2000).