Philosophy is a study of the nature of things and the principles governing human behavior and the philosophy of economics is a study that searches for truth and knowledge about the part of reality that pertains to economic matters this book will show that in economic theory data confrontations the two topics are inextricably conjoined . The first book to comprehensively explore economic theory and econometrics simultaneously econometrics and the philosophy of economics represents an authoritative account of contemporary economic methodology about a third of the chapters are authored or coauthored by heather anderson erik biorn christophe bontemps jeffrey a dubin harald e goldstein clive wj granger david f hendry herman ruge jervell dale w jorgenson hans martin krolzig nils lid hjort daniel l mcfadden . Shareable link use the link below to share a full text version of this article with your friends and colleagues learn more. Econometrics and the philosophy of economics theory data confrontations in economics bernt p stigum as most econometricians will readily agree the data used in applied econometrics seldom provide accurate measurements for the pertinent theorys variables. Request pdf on feb 1 2005 marcel boumans published econometrics and the philosophy of economics theory data confrontations in economics find read and cite all the research you need on