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Property Economics and Method: Formalising the Methodological Parameters for the Discipline

Author/s: Garrick Small

Date Published: 1/01/2006

Published in: Volume 12 - 2006 Issue 4 (pages 345 - 368)

Abstract

The methodological debates within economics are reviewed. Methodology as the theory for attaining knowledge is contrasted to method. Various methods are reviewed in terms of their suitability for the discipline. Methodology as an independent science and its relationship to the other sciences is reviewed along with property economics. The limitations of the dominant methodological approach to the discipline are surveyed and related to larger movements in contemporary thought. The tendency to rely overly on empirical method is shown to create unnecessary shortcomings. A broader approach is recommended, incorporating current methods, but covering their shortcomings is suggested.

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Keywords

Classical Sciences - Epistemology - Ethics and Economics - History and Philosophy of Science - History of Economic Thought - Metaphysics - Property Economics Methodology

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