Methodological individualism

From Market
Revision as of 12:39, 30 August 2011 by Vipul (talk | contribs) (Created page with "==Definition== '''Methodological individualism''' amounts to the claim that social phenomena must be explained by showing how they result from individual actions, which in turn ...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Definition

Methodological individualism amounts to the claim that social phenomena must be explained by showing how they result from individual actions, which in turn must be explained through reference to the intentional states that motivate the individual actors.

The Austrian school of economics heavily relies on methodological individualism.