Fischer Black Quote

In the end, a theory is accepted not because it is confirmed by conventional empirical tests, but because researchers persuade one another that the theory is correct and relevant.


Business Cycles and Equilibrium (ed. 2009)


In the end, a theory is accepted not because it is confirmed by conventional empirical tests, but because researchers persuade one another that the...

In the end, a theory is accepted not because it is confirmed by conventional empirical tests, but because researchers persuade one another that the...

In the end, a theory is accepted not because it is confirmed by conventional empirical tests, but because researchers persuade one another that the...

In the end, a theory is accepted not because it is confirmed by conventional empirical tests, but because researchers persuade one another that the...