Leppälä, Samuli ORCID: https://orcid.org/0000-0002-1702-0417 and Desrochers, Pierre 2012. Regional economic analysis: The case for methodological individualism. Andersson, D. E., ed. The Spatial Market Process, Advances in Austrian Economics, vol. 16. Bingley: Emerald, pp. 25-56. (10.1108/S1529-2134(2012)0000016005) |
Abstract
Besides subjectivism (in terms of value and cost) and the market process approach (as opposed to mainstream economics’ equilibrium analysis), methodological individualism is a foundational methodological principle of Austrian economics. While being (arguably) more consistently and consciously practiced within Austrian economics, methodological individualism is far from unique to this tradition and is a well-recognized principle of inquiry in the social sciences (Watkins, 1952a, 1952b). Needless to say though, methodological individualism remains controversial and discussions of its true meaning and adequateness periodically resurface in the philosophy of science literature (Hodgson, 2007; Udehn, 2002).
Item Type: | Book Section |
---|---|
Date Type: | Publication |
Status: | Published |
Schools: | Business (Including Economics) |
Subjects: | H Social Sciences > HB Economic Theory |
Publisher: | Emerald |
ISBN: | 9781781900062 |
Related URLs: | |
Last Modified: | 21 Oct 2022 10:29 |
URI: | https://orca.cardiff.ac.uk/id/eprint/40386 |
Citation Data
Actions (repository staff only)
Edit Item |