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2000 | OriginalPaper | Chapter

Model and Reality — The Principle of Simplicity within the Empirical Sciences

Authors : Wolfgang Eichhorn, Ulrike Leopold-Wildburger

Published in: Optimization, Dynamics, and Economic Analysis

Publisher: Physica-Verlag HD

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Albert Einstein’s request to those who create models in physics or even more general in the empirical sciences was: “ Make things as simple as possible, but not simpler! ” The opinion of further famous physicists including Werner Heisenberg was that connections in physics are based on simple principles. These ideas lead us to the following questions, which we want to ask in connection with the natural sciences as well as with other empirical sciences, including economics:

Metadata
Title
Model and Reality — The Principle of Simplicity within the Empirical Sciences
Authors
Wolfgang Eichhorn
Ulrike Leopold-Wildburger
Copyright Year
2000
Publisher
Physica-Verlag HD
DOI
https://doi.org/10.1007/978-3-642-57684-3_32