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Ockham's Razor is one of the most widely used [[ontological principle]]s in all fields of applied logic, most notably [[philosophy]], [[theology]], [[science]], and [[systemology]]. It is attributed to [[William of Ockham]], an English Franciscan [[Friar]] who lived in the late thirteenth and early fourteenth centuries.  Briefly, it can be stated as follows:

Ockham's Razor is one of the most widely used [[ontological principle]]s in all fields of applied logic, most notably [[philosophy]], [[theology]], [[science]], and [[systemology]]. It is attributed to [[William of Ockham]], an English Franciscan [[Friar]] who lived in the late thirteenth and early fourteenth centuries.  Briefly, it can be stated as follows:

:"From any set of equally probable explanations, we should assume the one which makes the fewest [[fundamental assumptions]] is correct, until we have reason to believe otherwise"

:"From any set of equally probable explanations, we should assume the one which makes the fewest [[fundamental assumptions]] is correct, [[null hypothesis|until we have reason to believe otherwise]]"

This is different from the shortest explanation, the shortest logical argument, and the simplest explanation, and the razor is often incorrectly quoted and/or applied. Some people have argued that these criteria qualify as better principles than the razor.

This is different from the shortest explanation, the shortest logical argument, and the simplest explanation, and the razor is often incorrectly quoted and/or applied. Some people have argued that these criteria qualify as better principles than the razor.