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What is Economic Performativity Framework Explained about?

Economic performativity is the idea that theories, metrics, and models developed by economic professionals, and then used by policymakers, affect the reality they aim to describe. This can create a self-fulfilling prophecy that brings the world more in line with their theories, metrics, and models. This paper develops a theoretical framework to assess how economic ideas are developed, turned into policy, and eventually gain the possibility to be performative.

Author

namatamable0

Language

EN