Abstract #301688

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JSM 2003 Abstract #301688
Activity Number: 196
Type: Topic Contributed
Date/Time: Tuesday, August 5, 2003 : 8:30 AM to 10:20 AM
Sponsor: Business & Economics Statistics Section
Abstract - #301688
Title: On the Ethics of (Economic) Theorizing
Author(s): Mohammed Ali Khan*+
Companies: Johns Hopkins University
Address: Dept. of Economics, Baltimore, MD, 21203,
Keywords: ethics ; economic theory ; estimation ; sufficiency ; principal component analysis
Abstract:

All theorizing, and economic theorizing in particular, abstracts, and in so doing, includes and excludes particularities of that it seeks to theorize. I locate the ethics of theorizing in this inclusion/exclusion; in the vocabulary of linear analysis, I locate the {\it ethical} in the choice of the subspace into which the phenomenon under theoretical investigation is being projected. I investigate how much insight one can shed into the issue of (economic) theorizing by falling on the language of classical statistics, in particular the vocabulary of estimation and of principal components analysis. In summary, I ask whether the merging of the texts of Hotelling and Neyman with those of Cavell and Oakeshott is productive in increasing our understanding of the theoretical project.

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