The Duhem-Quine thesis and experimental economics: A reinterpretation
Morten Søberg
Journal of Economic Methodology, 2005, vol. 12, issue 4, 581-597
Abstract:
The Duhem-Quine thesis asserts that any empirical evaluation of a theory is in fact a composite test of several interconnected hypotheses. Recalcitrant evidence signals falsity within the conjunction of hypotheses, but logic alone cannot pinpoint the individual element(s) inside the theoretical cluster responsible for a false prediction. This paper considers the relevance of the Duhem-Quine thesis for experimental economics. A starting point is to detail how laboratory evaluations of economic hypotheses constitute composite tests. Another aim is to scrutinize the strategy of conducting a series of experiments in order to hem in the source(s) of disconfirmative evidence. A Bayesian approach is employed to argue that reproducing experiments may be useful in terms of identifying plausible causes of recalcitrant data.
Keywords: experimental economics; methodology; Duhem-Quine thesis (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jecmet:v:12:y:2005:i:4:p:581-597
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DOI: 10.1080/13501780500343680
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