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Memorandum, Department of Economics, University of Oslo >
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http://hdl.handle.net/10419/62975
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| Title: | | The Duhem-Quine thesis and experimental economics: A reinterpretation  |
| Authors: | | Søberg, Morten |
| Issue Date: | | 2002 |
| Series/Report no.: | | Memorandum, Department of Economics, University of Oslo 2002,21 |
| Abstract: | | The Duhem-Quine thesis asserts that any empirical evaluation of a theory is in fact a composite test of several interconnected hypotheses. Recalcitrant evidence signals falsity within the conjunction of hypotheses, but logic alone cannot pinpoint the individual element(s) inside the theoretical cluster responsible for a false prediction. This paper considers the relevance of the Duhem-Quine thesis for experimental economics. A starting point is to detail how laboratory evaluations of economic hypotheses constitute composite tests. Another aim is to scrutinize the strategy of conducting a series of experiments in order to hem in the source(s) of disconfirmative evidence. A Bayesian approach is employed to argue that reproducing experiments is not necessarily useful in terms of identifying correct causes of recalcitrant data. |
| Subjects: | | Experimental economics methodology Duhem-Quine thesis |
| JEL: | | B41 C90
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| Document Type: | | Working Paper |
| Appears in Collections: | | Memorandum, Department of Economics, University of Oslo
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