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 real world of research, conventional tests of [statistical] significance seem almost worthless. - Fischer Black
In the real world of research, conventional tests of [statistical] significance seem almost worthless.
- Fischer Black
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 i… - Fischer Black
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 i…
In the end, a theory is accepted not because it is confirmed by conventional empirical tests, but because researchers persuade one another that the t… - Fischer Black
In the end, a theory is accepted not because it is confirmed by conventional empirical tests, but because researchers persuade one another that the t…
Markets look a lot less efficient from the banks of the Hudsonthan the banks of the Charles. - Fischer Black
Markets look a lot less efficient from the banks of the Hudsonthan the banks of the Charles.
Thus a long term corporate bond could actually be sold to three separate persons. One would supply the money for the bond; one would bear the interes… - Fischer Black
Thus a long term corporate bond could actually be sold to three separate persons. One would supply the money for the bond; one would bear the interes…
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