'Situational Analysis' and Economics: An attempt at clarification


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Palacio Vera, Alfonso (2019) 'Situational Analysis' and Economics: An attempt at clarification. Economics and Philosophy, 35 (3). pp. 479-498. ISSN 0266-2671

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Official URL: https://www.cambridge.org/core/journals/economics-and-philosophy/article/situational-analysis-and-economics-an-attempt-at-clarification/3797AFB895D69AE1BAC37663A137CF4C


Popper's 'Situational Analysis' (SA) constitutes his methodological proposal for the social sciences. We claim that the two hallmarks of SA are: (i) that scientists assume they possess a 'wider' view of the problem-situation than actors do, and (ii) use the model as an ideal 'benchmark' scenario to identify the deviation of actors' actual behaviour from the former. We argue that SA is not a generalization of the neoclassical theory of individual behaviour but captures instead the methodology adopted by modern behavioural economists. Last, we argue that SA highlights a way of acquiring knowledge that has gone unnoticed in the literature.

Item Type:Article
Uncontrolled Keywords:Behavioural economics; Popper; Rationality principle; Situational analysis; Theoretical models.
Subjects:Social sciences > Economics > Public economy
Social sciences > Economics > Economics
ID Code:61107
Deposited On:25 Jun 2020 08:40
Last Modified:25 Jun 2020 14:31

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