Science and the Solution of Real-life Business Problems

Dimitris N. Chorafas

Chapter 1 in Modelling the Survival of Financial and Industrial Enterprises, 2002, pp 3-23 from Palgrave Macmillan

Abstract: Abstract Down to basics, the fundamental issue of science – and of society at large – is that of the nature of the human individual, as well as his or her perception, simplification and conception of the natural world. Science is, at the bottom line, a cross between a methodology and cognition. The principles of cognition elaborate how facts are observed, ideas are validated and theories are developed. Theories can live and reign in the universe until they are demolished by some new facts:

Keywords: Credit Risk; Market Risk; Dwarf Galaxy; Scientific Thought; Credit Institution (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50173-7_1

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DOI: 10.1057/9780230501737_1

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