De Finetti, Friedman, and the methodology of positive economics

Journal of Econometrics

Volumn 75, Issue 1, 1996, Pages 33-50

  Pelloni, Gianluigi ^a  

^a UNIVERSITY OF PISA   (Italy)

Author keywords

de Finetti; Friedman; Methodology; Positive economics

Indexed keywords

EID: 30244502723     PISSN: 03044076     EISSN: None     Source Type: Journal    
DOI: 10.1016/0304-4076(95)01767-4     Document Type: Article

References (48)

1. Blaug, M., 1980, The methodology of economics (Cambridge University Press, Cambridge).
2. Boland, L.A., 1979, A critique of Friedman's critics, Journal of Economic Literature 17, 503-522.
3. Caldwell, B., 1980, A critique of Friedman's methodological instrumentalism, Southern Economic Journal, 366-374.
4. De Felice, M. and G. Pelloni, 1987, De Finetti's probabilistic approach and the theory of expectations in economics, in: R. Viertl, Probability and Bayesian statistics (Plenum, New York, NY) 159-168.
5. de Finetti, B., 1928, Funzione caratteristica di un fenomeno aleatorio, in: Atti del Congresso Internazionale dei Matematici, Zanichelli, Bologna, 179-190.
6. de Finetti, B., 1931a, La leggi differenziali e la rinunzia al determinismo, in: Rendiconti del Seminario Matematico della R. Universita di Roma.
7. de Finetti, B., 1931b, Sul significato soggettivo della probabilità, Fundamenta Mathematicae XVII, 298-329.
8. de Finetti, B., 1971, Probabilità di una teoria e probabilità dei fatti, in: Studi in onore di Giuseppe Pompily, Oderisi, Gubbio.
9. de Finetti, B., 1972, Subjective or objective probability: Is the dispute undecidable?, Symposia Mathematica, 21-36.
10. de Finetti, B., 1974, Theory of probability, Vol. I (Wiley, New York, NY).
11. de Finetti, B., 1975, Theory of Probability, Vol. II (Wiley, New York, NY).
12. de Finetti, B., 1980a, Foresight: Its logical laws, its subjective sources, in: H.E. Kyburg and H.E. Smokler, eds., Studies in subjective probability (Krieger, New York, NY) 53-118. English translation of de Finetti, B., 1937, La prevision: Ses lois logiques, ses sources subjectives, Annales de l'Institut Henri Poincaré, 1-6.
13. de Finetti, B., 1980a, Foresight: Its logical laws, its subjective sources, in: H.E. Kyburg and H.E. Smokler, eds., Studies in subjective probability (Krieger, New York, NY) 53-118. English translation of de Finetti, B., 1937, La prevision: Ses lois logiques, ses sources subjectives, Annales de l'Institut Henri Poincaré, 1-6.
14. de Finetti, B., 1980b, Probability: Beware of falsifications, in: H.E. Kyburg and H.E. Smokler, eds., Studies in subjective probability (Krieger, New York, NY) 53-118.
15. de Finetti, B., 1989, Probabilism, Erkenntnis 31, 169-223. English translation of de Finetti, B., 1931, Probabilismo, Perella, Napoli.
16. de Finetti, B., 1989, Probabilism, Erkenntnis 31, 169-223. English translation of de Finetti, B., 1931, Probabilismo, Perella, Napoli.
17. Dewey, J., 1938, Logic, the theory of inquiry (Allen and Unwin. London).
18. Dewey, J., 1960, The quest for certainty: A study of the relation of knowledge and action (Capricorn Books, New York, NY).
19. Dewey, J. and A.F. Bentley, 1949, Knowing and the known (Greenwood Press, Westport, CT).
20. Friedman, M., 1953, The methodology of positive economics, in: Essays in positive economics (Chicago University Press, Chicago, IL).
21. Friedman, M., 1976, Price theory (Aldine, Chicago, IL).
22. Friedman, M., 1985, Private communication.
23. Friedman, M., 1986, Private communication.
24. Friedman, M. and A. Schwartz, 1982, Monetary trends in the United States and the United Kingdom (University of Chicago Press, Chicago, IL).
25. Friedman, M. and A. Schwartz, 1991, Alternative approaches to analyzing economic data, American Economic Review 81, 39-49.
26. Galavotti, M.C., 1989, Anti-realism in the philosophy of probability: Bruno de Finetti's subjectivism, Erkenntnis 31, 239-261.
27. Galavotti, M.C., 1991, Sulla filosfia della probabilità di Bruno de Finetti, Rivista di Filosofia LXXXIII, 121-138.
28. Galavotti, M.C. and R.C. Jeffrey, eds., 1989, Erkenntnis 31.
29. Gilbert, C.L., 1986, Professor Hendry's econometric methodology. Oxford Bulletin of Economics and Statistics 48, 281-307.
30. Hendry, D.F. and N.R. Ericsson, 1991, An econometric analysis of U.K. money demand in Monetary trends in the United States and the United Kingdom by Milton Friedman and Anna J. Schwartz. American Economic Review 81, 8-38.
31. Hirsch, A. and N. de Marchi, 1990, Milton Friedman, economics in theory and practice (Harvester Wheatsheaf, New York, NY).
32. Hoover, K.D., 1984, Two types of monetarism, Journal of Economic Literature 22, 58-76.
33. Hoover, K.D., 1988, The new classical macroeconomics (Blackwell, Oxford).
34. Jeffrey, R.C., 1990, De Finetti's radical probabilism, Mimeo.
35. Jeffreys, H., 1957, Scientific inference (Cambridge University Press, Cambridge).
36. LeRoy, S.F. and D. Singell, Jr, 1987, Knight on risk and uncertainty, Journal of Political Economy 95, 394-407.
37. Lucas, R.E., Jr., 1976, Econometric policy evaluation: A critique, in: K. Brunner and A.H. Meltzer, eds., The Phillips curve and labor markets, Carnegie Rochester conference series on public policy, Vol. 1 (North-Holland, Amsterdam) 19-46.
38. Lucas, R.E., Jr., 1977, Understanding business cycles, in: K. Brunner and A.H. Meltzer, eds., Stabilization of the domestic and international economy. Carnegie Rochester conference series on Public Policy, Vol. 5 (North-Holland, Amsterdam) 7-29.
39. Mach, E., 1911, History and root of the principle of the conservation of energy, English translation (Open Court, Chicago, IL).
40. Mach, E., 1960, The science of mechanics: A critical and historical account of its development, English translation, 6th edition with revisions through the 9th German edition (Open Court, Chicago, IL).
41. Moore, E.C., 1961, American pragmatism: Peirce, James and Dewey (Columbia University Press, New York, NY).
42. Nagel, E., 1963, Assumptions in economic theory, American Economic Review 53, 211-219.
43. Peirce, C.S., 1934, Collected papers of Charles Sanders Peirce, in: C. Hartshorne and P. Weiss, eds., V. Pragmatism and pramaticism (Harvard University Press, Cambridge, MA).
44. Pelloni, G., 1987, A note on Friedman and the neo-Bayesian approach, The Manchester School, 407-418.
45. Pelloni, G., 1992, De Finetti, Friedman and the methodology of positive economics, Economic research paper (Department of Economics, University of Hull, Hull).
46. Reichenbach, H., 1951, Dewey's theory of science, in: P.A. Schlipp, ed., The philosophy of John Dewey (Open Court, Chicago, IL) 159-192.
47. Spanos, A., 1986, Statistical foundations of econometric modelling (Cambridge University Press, Cambridge).
48. Zellner, A., 1985, Bayesian econometrics, Econometrica 52, 253-269.