Macquarie University
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Mechanistic complexity economics: a methodological framework for economic science

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posted on 2022-03-28, 17:48 authored by Matthew Tuxford
The central argument of this thesis is that economic science requires a methodological reorientation in order to realign with contemporary philosophy of science. This is argued with reference to both the the history of general philosophy of science - in particular the literatures on scientific explanation and the structure of scientific theories - and the history of the methodology of economics. It is also argued that the heterodox school of economic thought, known as complexity economics, offers a valid basis for achieving such a reorientation.


Table of Contents

Part 1. Philosophy of science. Chapter 1. Scientific explanation & the structure of scientific theories Chapter 2. The mechanistic model of scientific explanation & theory structure -- Part 2. Philosophy of economics. Chapter 3. Methodology of economics Chapter 4. Positivist economics -- Part 3. Complexity economics. Chapter 5. Central themes of complexity economics Chapter 6. Does complexity economics incorporate a mechanistic methodology? -- Part 4. Case study. Chapter 7. Asset pricing models -- Conclusion -- Endnotes -- Bibliography.


Theoretical thesis. Bibliography: pages 448-523

Awarding Institution

Macquarie University

Degree Type

Thesis PhD


PhD, Macquarie University, Faculty of Arts, Department of Philosophy

Department, Centre or School

Department of Philosophy

Year of Award


Principal Supervisor

Albert Atkin

Additional Supervisor 1

Colin Klein

Additional Supervisor 2

Wylie Bradford


Copyright Matthew Tuxford 2019. Copyright disclaimer:




1 online resource (523 pages)

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