This article has provided some philosophical thoughts concerning the journey of research undertakings involving human participants, with consideration given to both natural/physical and human/social science fields, and with a focus on the situation in Sierra Leone (where ‘ethical prudence'...

One fundamental assumption often made in the literature on unawareness is that risk preferences are invariant to changes of awareness. We study how exposure to unawareness affects choices under risk. Participants in our experiment choose repeatedly between varying sure outcomes and a lottery in...

Agent-based simulations have become increasingly prominent in various disciplines. This trend is to be appreciated, but it comes with challenges: while there are more and more standards for design, verification, validation, and presentation of the models, the various meta-theoretical strategies...

This paper first presents a series of epistemological rationales for pluralism as a guiding concept in economic research. In doing so, it highlights the inherent uncertainty of (scientific) knowledge as well as the complex and dynamic nature of socio-economic relationships to indicate how the...

From the two premises that (1) economies are complex systems and (2) the accumulation of knowledge about reality is desirable, I derive the conclusion that pluralism with regard to economic research programs is a more viable position to hold than monism. To substantiate this claim an...

In 1982 my book Beyond Positivism: Economic Methodology in the Twentieth Century was published. At the 2017 History of Economics society meeting, a session was held to mark the 35th anniversary of that event. Papers by Wade Hands, Kevin Hoover, Tony Lawson, and the trio Peter Boettke, Solomon...

Strategy is formally defined as a complete plan of action for every contingency in a game. Ideal agents can evaluate every contingency. But real people cannot do so, and require a belief-revision policy to guide their choices in unforeseen contingencies. The objects of belief-revision policies...