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Experimental Philosophy Of Economics

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  • Nagatsu, Michiru

Abstract

This article is a prelude to an experimental study of the preference concept in economics. I argue that a new empirical approach called experimental philosophy of science is a promising approach to advance the philosophy of economics. In particular, I discuss two debates in the field, the neuroeconomics controversy and the commonsensible realism debate, and suggest how experimental and survey techniques can generate data that will inform these debates. Some of the likely objections from philosophers and economists are addressed, and possible ways of operationalizing different preference concepts are illustrated.

Suggested Citation

  • Nagatsu, Michiru, 2013. "Experimental Philosophy Of Economics," Economics and Philosophy, Cambridge University Press, vol. 29(2), pages 263-276, July.
    • Handle: RePEc:cup:ecnphi:v:29:y:2013:i:02:p:263-276_00
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