Two models of social learning in networks, with concepts drawn from economics and physics

Kalyan Chatterjee, Souvik Roy

Research output: Contribution to journalArticle

Abstract

In this paper, we consider the status of economics as a science, especially as compared to the most successful of sciences, physics, and formulate this in terms of the Popperian notion of criticisability (an extension of his earlier falsifiability demarcation criterion between science and other studies). We then discuss how methods having some similarity to models prevalent in physics might help elucidate dynamic analyses of heuristic learning in economics, though each of the two felds has a unique conceptual framework.

Original languageEnglish (US)
Pages (from-to)3151-3157
Number of pages7
JournalEuropean Physical Journal: Special Topics
Volume225
Issue number17-18
DOIs
StatePublished - Dec 1 2016

All Science Journal Classification (ASJC) codes

  • Materials Science(all)
  • Physics and Astronomy(all)
  • Physical and Theoretical Chemistry

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