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Average Explanations

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Philosophy of Economics
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Abstract

Good scientific explanations sometimes appear to make use of averages. Using concrete examples from current economic theory, I argue that some confusions about how averages might work in explanations lead to both philosophical and economic problems about the interpretation of the theory. I formulate general conditions on potentially proper uses of averages to refine a notion of average explanation. I then try to show how this notion provides a means for resolving longstanding philosophical problems in economics and other quantitative social sciences.

Some of the ideas in this essay were presented at the Philosophy of Economics II Conference at Tilburg University. I thank the participants for helpful remarks.

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Wolfgang Balzer Bert Hamminga

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© 1989 Kluwer Academic Publishers

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Nelson, A. (1989). Average Explanations. In: Balzer, W., Hamminga, B. (eds) Philosophy of Economics. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-2319-5_3

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  • DOI: https://doi.org/10.1007/978-94-009-2319-5_3

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-7542-8

  • Online ISBN: 978-94-009-2319-5

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