David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Philosophy of Science 75 (5):621-632 (2008)
Until recently, economics was generally understood to be a nonexperimental science with a hypothetico‐deductive methodology. This article considers how the methodology of economics has changed with the spread of experimental methods. Initially, most experimental economists saw their work as testing pre‐existing theories. However, a method of systematic inductive enquiry in which theory plays a less central role is now evolving. This method is structured around the discovery and progressive refinement of regularities. “Exhibits”—experimental designs that generate significant regularities—are taking over some of the functions formerly performed by theoretical models. †To contact the author, please write to: School of Economics, University of East Anglia, Norwich NR4 7TJ, UK; e‐mail: email@example.com.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
María Jiménez-Buedo (2011). Conceptual Tools for Assessing Experiments: Some Well-Entrenched Confusions Regarding the Internal/External Validity Distinction. Journal of Economic Methodology 18 (3):271-282.
Similar books and articles
Daniel M. Hausman (1992). Essays on Philosophy and Economic Methodology. Cambridge University Press.
Petrik Runst (2010). Schutzian Methodology as a Progressive Research Agenda Commentary on Lester Embree's “Economics in the Context of Alfred Schütz's Theory of Science”. Schutzian Research 2:153-161.
Martin K. Jones (2008). On the Autonomy of Experiments in Economics. Journal of Economic Methodology 15 (4):391-407.
Uskali Mäki (1996). Two Portraits of Economics. Journal of Economic Methodology 3 (1):1-38.
Stefania Sitzia & Robert Sugden (2011). Implementing Theoretical Models in the Laboratory, and What This Can and Cannot Achieve. Journal of Economic Methodology 18 (4):323-343.
Robert Sugden (2005). Experiment, Theory, World: A Symposium on the Role of Experiments in Economics. Journal of Economic Methodology 12 (2):177-184.
Harold Kincaid & Don Ross (eds.) (2009). The Oxford Handbook of Philosophy of Economics. Oxford University Press.
Deborah Mayo (2008). Some Methodological Issues in Experimental Economics. Philosophy of Science 75 (5):633-645.
Added to index2009-03-14
Total downloads48 ( #42,592 of 1,692,502 )
Recent downloads (6 months)5 ( #46,089 of 1,692,502 )
How can I increase my downloads?