A Discussion on Empirical Micro-Bases of Hayek’s Methodological Individualism
AbstractThere are essential differences in ‘methodological individualism(MI)’ between neoclassic economics and Hayek’s theory. On basis of The Sensory Order, this paper shows relations between Hayek’s MI and it, the micro-bases of Hayek’s MI from contemporarily empirical disciplines, and some viewpoints verified by succeeding ones; then points out some questions that need to be answered henceforth between Hayek’s theory and interdisciplinary studies in modern economics. It is concluded that Hayek’s MI has its empirical micro-bases, and that his interdisciplinary exploration in the youth can help advance modern economics.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 3862.
Date of creation: 05 Jun 2007
Date of revision:
methodological individualism; Hayek; the sensory order; empirical micro-bases; interdisciplinary research in economics;
Find related papers by JEL classification:
- B49 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Other
- B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
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