Abstract

The alpha-beta is a scientific research method that has been logically derived from the composite epistemology, the combination of the epistemologies of Nicholas Georgescu-Roegen and Karl Popper. However, they are not the only known epistemologies. There are others, which are examined in this chapter: deductivism, inductivism, and interpretive. However, scientific research methods cannot be logically derived from each. Interpretive epistemology is justified only as exploratory research method. Statistical inference as empirical research method is also logically justified. Finally, practical rules to choose a research method are established. It is shown that although the alpha-beta method is the only scientific one, the others (statistical empirical method and interpretive exploratory method) play an important role in the transition from pre-scientific to scientific knowledge in economics.

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