The tractability hoax

Created
Thu, 06/11/2025 - 20:22
Updated
Thu, 06/11/2025 - 20:22
What I’d like to capture is the effect of those choices economists make “for convenience,” to be able to reach solutions, to simplify, to ease their work, in short, to make a model tractable. While those assumptions are conventional and meant to be lifted as mathematical, theoretical and empirical skills and technology (hardware and software) […]

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