Why Austrians should quit worrying and learn to love the lab

Ryan Oprea and Benjamin Powell

A chapter in What is so Austrian about Austrian Economics?, 2010, pp 145-163 from Emerald Group Publishing Limited

Abstract: Experimental economics has been treated with skepticism by some Austrian economists. We argue that experimental methods are consistent with strong versions of praxeology, and are therefore not methodologically problematic for Austrians. We further argue that experimental research methods have illustrated many uniquely Austrian themes and provide a fruitful method for future Austrian-inspired research.

Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:eme:aaeczz:s1529-2134(2010)0000014010

DOI: 10.1108/S1529-2134(2010)0000014010

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