Philosophy of science in business studies Flashcards
What is inference and what are the two types?
Inference is a claim with reasons
1. Descriptive inference
2. Casual inference
Being scientific means what?
It means adhering to the rules of science, rather than the topic invested
What is metaphysics?
Fundamental nature of reality “being as such” outside the realm of objective study, things that are eternal and do not change
What is another word for immaterialism?
Idealism
What is Realism?
Abstract universals, eg Platonic forms
What is Nominalism?
Only particulars/instances, eg Aristotelian critique
What is epistemology?
how we aquire knowledge
What is ontology?
Assumptions about the nature of reality
What are the three assumptions in science?
Ontology, epistemology, methodology
What is a methodology?
Techniques for collecting and analyzing data
What are the two responses to skepticism?
Rationalism and Empiricism
What is rationalism and who is the person connected to it?
Descartes. He said: I think, therefore I am. (cogito ergo sum
What is empiricism and who is connected to it?
John Locke. He said that all knowledge comes from experience and that there are no innate ideas that are with us when we are born.
What is Cartesian dualism?
Cartesian split between mind and matter (extended in time and space)
What is causality?
Causality is based on robust argumentation and theory and supported (or refuted) by evidence. In business research, causality is often inferred from questionnaire surveys. However, given the dubious argument for satisfying the conditions of a true experiment, we call these quasi-experiments.
What did David Hume say about causality?
Causality is formed from the relationship between two impressions or ideas in the mind. However, because knowledge comes from experiences, assumptions of causality are intrinsically flawed and cannot be proven.
What is deduction and induction?
Induction is a valuable part of the scientific process, and as such, we view induction as a scientific method. Induction and deduction are simply two complementary processes.
Induction starts with the enumeration of past and present empirical observations to draw inferences about the physical world. For example, if all the swans we observe are white, then we conclude that all swans are white.
So induction reasoning makes a generalization from specific observations and facts, while deductive reasoning uses available information, knowledge or facts to construct a valid conclusion.
What is a nomothetic method?
Purpose: establishing general laws and empirical generalization
Requires comparative studies
Studying the general occurence of something (phenomenon)
What is a ideographic method?
Purpose: establishing understanding of the particular context in order to generate a broader understanding
Only feasible with few studies, in order to retain depth in description. Can be comparative
Studying a case of something (like an event)
What is Variance Theory?
Variance measures variability from the average or mean. Explains why something happens (outcomes)
What is Process Theory?
Explains how something happens. (from state A to state B)
Which are the four stances on philosophy of science?
- Logical positivism
- Relativism
- Pragmatism
- Realism
What is logical positivism?
Ludwig Wittgenstein: Logic in itself is empty (tautological) but can sat everything that can be said meaningfully about the world
What is the hypothetico-deductive model?
idek man
What is the ontology of logical positivism?
Rejecting metaphysics, what exists is empirical