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Fischer Black Quotes: 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.
         

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.


Fischer Black
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Other quotes of Fischer Black


Markets look a lot less efficient from the banks of the Hudsonthan the banks of the Charles.

Markets look a lot less efficient from the banks of the Hudsonthan the banks of the Charles.



One of the things I like about doing science, the thing that is the most fun, is coming up with something that seems ridiculous when you first hear it but finally seems obvious when you're finished.

One of the things I like about doing science, the thing that is the most fun, is coming up with something that seems ridiculous when you first hear it but finally seems obvious when you're finished.



In the real world of research, conventional tests of [statistical] significance seem almost worthless.

In the real world of research, conventional tests of [statistical] significance seem almost worthless.





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Quote Description


This page presents the 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.". Author of this quote is Fischer Black. This quote is about ends, accepted, theory, researchers, tests, relevant, conventional,.