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Thoughts on the "scientific method": part 2 ‐ frequentist fecklessness

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Abstract:

Purpose ‐ The purpose of this two-part series is to consider the role of the "scientific method" (SM) in human understanding, questioning both its consistency in actual practice and its reasonableness as a system of philosophy and action. Design/methodology/approach ‐ Part 2 considers problems of inefficiency and inertia caused by the SM's collectivist, frequentist orientation. Findings ‐ It is argued that problems caused by the SM's frequentist framework may be avoided by a more individualist, Bayesian approach. Originality/value ‐ The two-part series challenges certain aspects of the "scientific method" as employed in the practice of modern science.

Keywords: Bayesian statistical decision theory; Philosophy; Scientific management

Document Type: Research Article

DOI: http://dx.doi.org/10.1108/15265940710818940

Publication date: August 21, 2007

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