n South African Actuarial Journal - Paradigm lost? - : editorial

Volume 6, Issue 1
  • ISSN : 1680-2179


Extracted from text ... EDITORIAL PARADIGM LOST? The editorial in volume 4 (Thomson, 2004) asked the question whether actuarial science is really a science. In doing so it discussed the way in which the actuarial profession defines its intellectual discipline within the paradigm of a 'science'. This editorial further explores the paradigm and perspectives of actuarial science. For the purposes of this editorial, the notion of a 'paradigm' is adequately introduced in Thomson (op. cit.). 'Perspective' may here be taken to mean the proportions in which a phenomenon is perceived by a person, as expressed in terms of the symbols chosen to describe it. ..

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