Part of the BOSTON STUDIES IN THE PHILOSOPHY OF SCIENCE book series (BSPS, volume 252)


Equilibrium explanations are pervasive in economics and biology. They are also becoming more frequent in the social sciences due to the widespread adoption of economic (and sometimes biological) explanatory models. For example, economist Edward Lazear has recently (2000) claimed that the adherence to equilibrium concepts is a major factor contributing to the ‘scientific’ status of economics.


Equilibrium Model Explanatory Model Causal Explanation Counterfactual Dependency Adaptive Landscape 
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