Occam'S Razor

Occam's razor (also written as Ockham's razor and in Latin lex parsimoniae) is a principle of parsimony, economy, or succinctness used in problem-solving devised by William of Ockham (c. 1287 – 1347). It states that among competing hypotheses, the one with the fewest assumptions should be selected. Other, more complicated solutions may ultimately prove correct, but—in the absence of certainty—the fewer assumptions that are made, the better.The application of the principle often shifts the burden of proof in a discussion. The razor states that one should proceed to simpler theories until simplicity can be traded for greater explanatory power.
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