Implicit assumptions from which theories evolve are known as
A)A paradigm.
B)Biases.
C)Stylized facts.
D) Normative economics.

Question

Quizplus · Accepted Answer

A paradigm can be defined as a set of implicit assumptions, concepts, values, and practices that define a particular scientific discipline at a given time. Paradigms serve as the basis for the development of theories, methods, and models within a particular field, guiding researchers in their interpretation of data and shaping their research questions. Therefore, the statement "Implicit assumptions from which theories evolve are known as a paradigm" is the best choice.

Implicit Assumptions from Which Theories Evolve Are Known as