Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/109885 
Authors: 
Year of Publication: 
2012
Citation: 
[Journal:] European Financial and Accounting Journal [ISSN:] 1805-4846 [Volume:] 7 [Issue:] 1 [Publisher:] University of Economics, Faculty of Finance and Accounting [Place:] Prague [Year:] 2012 [Pages:] 28-40
Publisher: 
University of Economics, Faculty of Finance and Accounting, Prague
Abstract: 
Self-influence and self-reference are among the largely omitted, but quite substantial properties of thought systems in social sciences. These can have significant impact on the ways we can test such thought systems (theories), their applicability and reliability. This paper defines the basic terms of self-influence, which contrary to self-reference, is sneaky and demonstrates in practice over longer periods of time. The outline of classification of self-influence presented in this paper draws on notorious examples – CAPM and efficient market hypothesis. These examples show that philosophy has still much to tell about the methodology of science in economics.
Subjects: 
Self-reference
Self-influence
Philosophy of science
EMH
CAPM
JEL: 
A10
B40
G10
Persistent Identifier of the first edition: 
Document Type: 
Article

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