There 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...

Using recent findings from modern empirical disciplines and mainly building on F.A.Hayek’s thoughts, the paper gives a definition of knowledge in accord with the Austrian School’s tradition, and basing on the definition, it sums up three behavior assumptions and a framework on explaining...

Building on the predecessors' thoughts and modern researches from empirical disciplines, and with thinking over the behavior assumption usually held and used by mainstream economics, the paper generalizes three basic assumptions and one explanatory framework on human individual behavior and its...