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| The Austrian School, also known as the “Vienna School” or the “Psychological School”, is a heterodox school of economics that advocates adherence to strict methodological individualism. Proponents of the Austrian School hold that the only valid economic theory is logically derived from basic principles of human action. Alongside the formal approach to theory, often called praxeology, the school has traditionally advocated an interpretive approach to history. Proponents of praxeological method hold that it allows for the discovery of economic laws valid for all human action, while the interpretive approach addresses specific historical events. On the other hand, critics of the Austrian school contend that its methods consists of post-hoc analysis and do not generate testable implications, and so fails falsifiability |
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| ICG is the only Austrian academic group with the charter to address both Computer Vision and Computer Graphics, and is carefully nurturing a culture of Digital Visual Information Processing to resolve the artificial boundaries between computer graphics and computer vision. |
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