Mention459431

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so:text In economics the tendency of theory to lag behind observation seems to be endemic, and, as theorists, few of us consider this to be a "terrible state." But as noted by Lakatos , "where theory lags behind the facts, we are dealing with miserable degenerating research programmes. (en)
so:isPartOf https://en.wikiquote.org/wiki/Vernon_L._Smith
so:description Theory, experiment and economics," 1989 (en)
qkg:hasContext qkg:Context226607
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