| They misinterpreted data and gave extraordinary significance to confirmations, while ignoring or not seeking disconfirmations. |
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| One can reduce the disconfirmations of economic generalizations by specifying a margin of error. |
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| In essence, the more confirmations a theory has vis-a-vis disconfirmations, the more justified the theory appears to be. |
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| In both approaches, repeated disconfirmations require researchers and participants to re-examine their theories. |
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| He also discusses experimental disconfirmations of economic onomic principles. |
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