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  1. Cost-Benefit Versus Expected Utility Acceptance Rules.Alex C. Michalos - 1970 - PSA: Proceedings of the Biennial Meeting of the Philosophy of Science Association 1970 (1):375-402.
    A rule for the acceptance of scientific hypotheses called 'the principle of cost-benefit dominance' is shown to be more effective and efficient than the well-known principle of the maximization of expected utility. Harvey 's defense of his theory of the circulation of blood in animals is examined as a historical paradigm case of a successful defense of a scientific hypothesis and as an implicit application of the cost-benefit dominance rule advocated here. Finally, various concepts of 'dominance' are considered by means (...)
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  • Cost-Benefit Versus Expected Utility Acceptance Rules.Alex C. Michalos - 1970 - Theory and Decision 1 (1):61-88.