Why Austrians should quit worrying and learn to love the lab

Ryan Oprea, Benjamin Powell

Research output: Contribution to journalArticle

7 Scopus citations

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.

Original languageEnglish
Pages (from-to)145-163
Number of pages19
JournalAdvances in Austrian Economics
Volume14
DOIs
StatePublished - 2010

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