Study week on the econometric approach to development planning

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Monograph

Identifikator:: 1824422792

URN:: urn:nbn:de:zbw-retromon-217476

Document type:: Monograph

Title:: Study week on the econometric approach to development planning

Place of publication:: Amsterdam [u.a.]

Publisher:: North-Holland Publ. Co. [u.a.]

Year of publication:: 1965

Scope:: XLVII, 1259 S.; graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Selection and implementation the econometrics of the future / Ragnar Frisch, Universitetet i Oslo - Sosialøkonomisk Institutt - Oslo- Norge

Collection:: Economics Books

SEMAINE D'ÉTUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIOUE ETC. 1775 absolutely no other way to proceed than by starting to define a gross oreference function, a preference function in the « Santa Claus » sense. That 1s the only way to proceed. This is of course not saying that any solution that comes out of the computing machine is going to be presented to the politician as the sole and final solution. It will certainly be necessary to proceed through a number of iterative steps, with contact between the poli- lician and the scientific expert. I have frequently spoken and written about the need for a continuous cooperation between the politician and the scientific expert. The iterative steps must be in the following sense. You start with a first and tentative formulation of the policy naker’s gross preference function. You run the solution and you come back to him and say « Now, this is what I found — is this what you want? — Then the politician will scratch his head and say: « Oh, no this is not really what I had intended. » Then you will have to start a conversation with him trying to find out more pre- cisely what he actually desires. You proceed to a second approxi- mation to his preference function. And so on until you finally arrive at a preference function and the corresponding solution both of which ‘he policy maker can accept. Prof. KooPMANS had an important point when he said that the policy maker is not willing to give up his own ideas regarding the structure of the economy. This is — as I said very explicity in my Arst presentation — precisely the point on which you must concen- rate most of your attention in the discussion with the politician. You must make him give up his own ideas, about the structure. Why? Because if he does not do that, you will not be able to help him. It is ike a patient coming to a doctor. The patient has some preconceived deas about how to solve the problem of his sickness. The first thing ‘he doctor must do is to try to get these ideas out of his head. If somebody is suffering from a psychiatric disease and he wants to jump out of the window and kill himself, what am I going to do? { drag him by the neck and give him an injection. That is the first part of the treatment. I am not starting to argue with him at that moment. But when he is quietened down, I start to talk kindly toc yi Frisch - pag. 27

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