ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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On Subjectivity in Mathematical Economics

On Subjectivity in Mathematical Economics

The rapid rise in the use of mathematics in economics has often been attributed to a search for objective rigour. But if we look beyond individual models to the overall practice of mathematical economics the role that subjective judgments play becomes quite evident. This paper looks at the response to this subjectivity and addresses the issue of the quality of subjective judgments in mathematical economics.

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