Science and the Solution of Real-life Business Problems
Chapter
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
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Notes
- D.N. Chorafas, Rocket Scientists in Banking (London and Dublin: Lafferty Publications, 1995).Google Scholar
- Albert Einstein, Essays in Science (New York: Philosophical Library, 1934).Google Scholar
- Stephen Hawking, A Brief History of Time (New York: Bantam Books, 1998).Google Scholar
- Carl Sagan, Cosmos (London: MacDonald, 1988).Google Scholar
- Wallace and Karen Tucher, The Dark Matter (New York: William Morrow, 1988).Google Scholar
- D.N. Chorafas, Financial Models and Simulation (London: Macmillan, 1995).CrossRefGoogle Scholar
- Joseph Wechsberg, The Merchant Bankers, Pocket Books (New York: Simon & Schuster, 1966).Google Scholar
Copyright information
© Dimitris N. Chorafas 2002