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A Discussion on Empirical Micro-Bases of Hayekâs Methodological Individualism
There are essential differences in âmethodological individualism(MI)â between neoclassic economics and Hayekâs theory. On basis of The Sensory Order, this paper shows relations between Hayekâs MI and it, the micro-bases of Hayekâs MI from contemporarily empirical disciplines, and some viewpoints verified by succeeding ones; then points out some questions that need to be answered henceforth between Hayekâs theory and interdisciplinary studies in modern economics. It is concluded that Hayekâs MI has its empirical micro-bases, and that his interdisciplinary exploration in the youth can help advance modern economics.methodological individualism; Hayek; the sensory order; empirical micro-bases; interdisciplinary research in economics
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