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It is universally appreciated, I think, that theorists are…

“It is universally appreciated, I think, that theorists are able to tweak their assumptions in order to reach any conclusion they wish. The believability of the conclusion depends not only on the fact that it was reached but on how hard the theorist had to tweak the model to get there.” quote by David M. Kreps
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“It is universally appreciated, I think, that theorists are able to tweak their assumptions in order to reach any conclusion they wish. The believability of the conclusion depends not only on the fact that it was reached but on how hard the theorist had to tweak the model to get there.”

David M. Kreps

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Theorists can adjust assumptions to reach desired conclusions; credibility depends on how much they must tweak.

In simple terms: Tweaking assumptions affects credibility.

Key Takeaway

Be transparent about assumptions.

Themes

Science Critical thinking Integrity Methodology

Mood

analytical skeptical

Type

academic philosophical

When to use this quote

  • Research design
  • Peer review
  • Academic writing

Key Concepts

Assumption testing Model robustness Philosophy of science

Questions to Reflect On

  • How to assess model validity?
  • When is adjustment unethical?
A Different Perspective

Over‑tuning may mislead.

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