Hayek in the lab. Austrian School, game theory, and experimental economics. Cevolani, G. Logic & Philosophy of Science, 9(1):429-436, Logic & Philosophy of Science, 2011.
Hayek in the lab. Austrian School, game theory, and experimental economics [pdf]Paper  abstract   bibtex   3 downloads  
Focusing on the work of Friedrich von Hayek and Vernon Smith, we discuss some conceptual links between Austrian economics and recent work in behavioral game theory and experimental economics. After a brief survey of the main methodological aspects of Austrian and experimental economics, we suggest that common views on subjectivism, individualism, and the role of qualitative explanations and predictions in social science may favour a fruitful interaction between these two research programs.

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