Researches who develop positive theories and researchers who develop normative theories often do not share the same
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Question:
Researches who develop positive theories and researchers who develop normative theories often do not share the same views about the roles of their respective approaches to theory construction.
- How do positive and normative theories differ?
- Can positive theories assist normative theories, or vice versa? If yes, give an example. If not, why not?
Related Book For
International Financial Management
ISBN: 978-0132162760
2nd edition
Authors: Geert Bekaert, Robert J. Hodrick
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