Definitions for ceteris paribus
ce·teris paribus

Princeton's WordNetRate this definition:0.0 / 0 votes

1. ceteris paribusadverb

   all other things being equal

WiktionaryRate this definition:0.0 / 0 votes

1. ceteris paribusadverb

   other things being equal; with all other things or factors remaining the same.

2. Etymology: ceteris, the ablative plural of ceterus, + paribus, the ablative plural of par.

WikipediaRate this definition:0.0 / 0 votes

1. Ceteris paribus

   Ceteris paribus (also spelled caeteris paribus; (Modern Latin: [ˈse.tɛ.ris ˈpa.ri.bus]) is a Latin phrase, meaning "other things equal"; some other English translations of the phrase are "all other things being equal", "other things held constant", "all else unchanged", and "all else being equal". A statement about a causal, empirical, or logical relation between two states of affairs is ceteris paribus if it is acknowledged that the statement, although usually accurate in expected conditions, can fail because of, or the relation can be abolished by, intervening factors.A ceteris paribus assumption is often key to scientific inquiry, because scientists seek to eliminate factors that perturb a relation of interest. Thus epidemiologists, for example, may seek to control independent variables as factors that may influence dependent variables—the outcomes of interest. Likewise, in scientific modeling, simplifying assumptions permit illustration of concepts considered relevant to the inquiry. An example in economics is "If the price of milk falls, ceteris paribus, the demand for milk will rise." This means that, if other factors, such as deflation, pricing objectives, utility, and marketing methods, do not change, the decrease in the price of milk will lead to an increase in demand for it. In the philosophy of science, there is debate about ceteris paribus statements. In the logical empiricist view, fundamental physics tends to state universal laws, whereas other sciences, such as biology, and social sciences, such as economics and psychology, tend to state laws that hold true in normal conditions but have exceptions: ceteris paribus laws (cp laws). The focus on universal laws is a criterion distinguishing fundamental physics as fundamental, whereas cp laws are predominant in most other sciences as special sciences, whose laws hold in special cases. This distinction assumes a logical empiricist view of science. It does not readily apply in a mechanistic understanding of scientific discovery. There is reasonable disagreement as to whether mechanisms or laws are the appropriate model; mechanisms are the favored method. Another possibility if we assume ceteris paribus in a scenario is the tendency to ignore many important factors that may play even greater roles in the measure of the dependent variable. Some assumptions tend to be highly unrealistic and can lead to wrong beliefs among scientists.

ChatGPTRate this definition:0.0 / 0 votes

1. ceteris paribus

   Ceteris Paribus is a widely used Latin phrase in economics that means "all other factors being held constant" or "all else being equal." It's used to simplify the analysis of how one variable impacts another, excluding the influences of all other variables that could potentially affect the outcome.

WikidataRate this definition:0.0 / 0 votes

1. Ceteris paribus

   Ceteris paribus or caeteris paribus is a Latin phrase, literally translated as "with other things the same," or "all other things being equal or held constant." It is an example of an ablative absolute and is commonly rendered in English as "all other things being equal." A prediction, or a statement about causal or logical connections between two states of affairs, is qualified by ceteris paribus in order to acknowledge, and to rule out, the possibility of other factors that could override the relationship between the antecedent and the consequent. A ceteris paribus assumption is often fundamental to the predictive purpose of scientific inquiry. In order to formulate scientific laws, it is usually necessary to rule out factors which interfere with examining a specific causal relationship. Under scientific experiments, the ceteris paribus assumption is realized when a scientist controls for all of the independent variables other than the one under study, so that the effect of a single independent variable on the dependent variable can be isolated. By holding all the other relevant factors constant, a scientist is able to focus on the unique effects of a given factor in a complex causal situation.

How to pronounce ceteris paribus?

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How to say ceteris paribus in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of ceteris paribus in Chaldean Numerology is: 1

2. Pythagorean Numerology

   The numerical value of ceteris paribus in Pythagorean Numerology is: 3

Examples of ceteris paribus in a Sentence

1. KIZZA RONALD:

   The more moral your life is the more you live for long ceteris paribus

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=ceteris paribus
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Ceteris_Paribus
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Ceteris_Paribus
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=ceteris paribus