Abstract

The main characteristics of methodological individualism as an approach usedin economics to the study of social phenomena are revealed and the associated with it wayof presenting accumulated knowledge. The authors show how methodological individualismis positioned in economics where Lakatos' research programs compete with each other. The study examines possible limitations in applying methodological individualism to relations between people mediatedby language as a means of communication, including in the lightof socialization processes, as well as in the light ofdifferences in the research process and theway of presenting its outcomes. The authors show that with the spread of technologies basedon artificial intelligence, the question of whether self-learning algorithms successfully passingthe Turing test should be considered as a challenge for applying the traditional understandingof methodological individualism in future economic research. Methodological individualismis one of the important issues in the modern methodology of economics, in the light of whichthe paper discusses various aspects of the relationship between methodologicalholism and individualism.

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