Abstract
In Hayek’s theory, subjectivism constitutes the methodological basis for the understanding of human behavior and of agents’ interactions which unintentionally engender social orders, while the “explanations of the principle” are invoked in consequence of the practical impossibility of knowing all the events which determine the rise of abstract orders. Given this limit, explanations of the principle are general theoretical tools by means of which to examine evolutionary processes.
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Fiori, S. (2013). Subjectivism and Explanations of the Principle: Their Relationship with Methodological Individualism and Holism in Hayek’s Theory. In: Frantz, R., Leeson, R. (eds) Hayek and Behavioral Economics. Archival Insights into the Evolution of Economics Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137278159_11
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DOI: https://doi.org/10.1057/9781137278159_11
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