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Strathprints makes available Open Access scholarly outputs by the Department of Accounting & Finance at Strathclyde. Particular research specialisms include financial risk management and investment strategies.

The Department also hosts the Centre for Financial Regulation and Innovation (CeFRI), demonstrating research expertise in fintech and capital markets. It also aims to provide a strategic link between academia, policy-makers, regulators and other financial industry participants.

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Delays, demography and cycles: a forensic study

Gurney, William and Blythe, S.P. and Stokes, T.K. (1999) Delays, demography and cycles: a forensic study. Advances in Ecological Research, 28. pp. 127-144. ISSN 0065-2504

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Abstract

Strict logic implies that a hypothesis can only be proved wrong, but the main motivation of much science is to find out what is true. In this paper, we argue that the process of intuition building works by extending the classical Popperian paradigm of hypothesis and refutation to include a close relative of the legal concept of “reasonable doubt”. We believe that the way in which doubts are eroded involves building up a consistent picture over a wide ranging body of data-a process akin to the forensic investigations common in the legal process. We illustrate our argument by re-analysing A.J. Nicholson's classical data set on the Australian sheep blowfly Lucilia cuprina. We conclude by discussing the implications of the investigative paradigm we describe for the design of experimental and observational programmes.