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Vincent Ostrom's legacy is revisited in this paper along three dimensions: Ostrom's contributions as a historian of politico-economic thought, as a complexity theorist, and as an epistemologist. All three dimensions are captured from a perspective which has seldom been studied systematically...
Persistent link: https://www.econbiz.de/10012145856
For a long period of time, economists did not understand or assimilate the importance of the laws of thermodynamics regarding the material and social universe, completely ignoring the entropic process, by which the total energy of a closed system moves from low entropy to high entropy, from...
Persistent link: https://www.econbiz.de/10013130297
Vincent Ostrom's legacy is revisited in this paper along three dimensions: Ostrom's contributions as a historian of politico-economic thought, as a complexity theorist, and as an epistemologist. All three dimensions are captured from a perspective which has seldom been studied systematically...
Persistent link: https://www.econbiz.de/10012137312
The aim of this article is to investigate the relationship between the praxeology of L. von Mises and the theory of action of Alfred Schütz. Because of the importance that Mises’ theory has had on economics it is interesting to highlight the coincidences and synergies which exist between the...
Persistent link: https://www.econbiz.de/10003935368
The purpose of the paper is to propose and examine a logical and epistemological tool to measure science as a specific human activity in the social cooperation network. In preparing the very approach of the main issue of the research, a short examination of the concept and typology of science is...
Persistent link: https://www.econbiz.de/10014464923
on the other hand reflect principal differences in ontology, epistemology and methodology. Only via a well designed … social science curriculum a deep understanding of economic and social institutions can be achieved. Then not only economic …
Persistent link: https://www.econbiz.de/10014069275
It is, of course, true of science that deeper theory opens new vistas, and economics may now justifiably advance to a more essential paradigm. The basis for this deeper theory is empirical (cardinal and measurable) instant utility (feeling state, Dolan [2002]) - the time derivative of utility...
Persistent link: https://www.econbiz.de/10014070941
This chapter treats a variety of epistemological issues surrounding generative explanation in the social sciences, and discusses the role of agent-based computational models in generative social science.
Persistent link: https://www.econbiz.de/10014024371
Persistent link: https://www.econbiz.de/10009387746
The methodological individualism and subjectivism of the Austrian tradition in economics is often associated with a methodological dualism, i.e. the claim that the nature of its subject matter, namely purposeful and intentional human action, requires economics to adopt a methodology that is...
Persistent link: https://www.econbiz.de/10010296221