The axiomatic structure of empirical content

Christopher P. Chambers, Federico Echenique, Eran Shmaya

Research output: Contribution to journalArticlepeer-review

14 Scopus citations

Abstract

We define the empirical content of an economic theory as the least restrictive observationally equivalent theory. We show that the empirical content of a theory is captured by a certain kind of axiomatization, with axioms that are universal negations of conjunctions of atomic formulae.

Original languageEnglish (US)
Pages (from-to)2303-2319
Number of pages17
JournalAmerican Economic Review
Volume104
Issue number8
DOIs
StatePublished - Aug 1 2014

ASJC Scopus subject areas

  • Economics and Econometrics

Fingerprint Dive into the research topics of 'The axiomatic structure of empirical content'. Together they form a unique fingerprint.

Cite this