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    Of the scientific concepts that the American philosopher, Charles S. Peirce, analyzed in his work, two of the less commonly investigated have been those of guessing and of scientific economy. Peirce argued that guessing was the initial moment of hypothesis-formation. He also argued that economic factors play a significant role in the development and acceptance of hypotheses; however, the relationship between these two concepts has been neglected in most philosophical and scientific literature. I…Read more