Titlebook: Economics as Moral Science; Bernard Hodgson Book 2001 Springer-Verlag Berlin Heidelberg 2001 Economics.Ethics.Ethik.Philosophy of Science.

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https://doi.org/10.5822/978-1-59726-986-5struction of an ordinal preference ranking. Part of such a challenge might be the claim that A. and A. are less empirically substantive claims than auxiliary “technical” assumptions, simplifying the theory of choice and rendering it more “mathematically tractable”.

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Introduction,nflagging controversy regarding the proper method of inquiry to adopt in the construction of economic science. On the one hand, economic theory has been conceived as an essentially normative discipline which, by applying fundamental ethical concepts and principles, prescribes the canons according to

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Theory-Construction in Economic Science,e have had substantive effects. More specifically, confusion concerning the epistemic status of their explanatory hypotheses and the scientific method for validating such statements has frequently led economists to formulate and accept unsound theories. A critical examination of this methodological

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