Page 16 - Azerbaijan State University of Economics

“BREAKING” POINTS OF ECONOMIC RESEARCH PROCESS: REEDOM,
COINCIDENCE, OPPORTUNITY AND PROBABILITY

“freedom” appearances in causality chain:

possibility and probability
Possibility and probability act as an important characteristic aspect in

relation to any economic coincidence. Because first, explanation of reason-

result connection and understanding of the logic of interpretation model;
second, both definitions play an important role from the point of

substantiation of forecasting addressed to future.
Even the ancient Greek thinkers stated their attitudes on the definition of

possibility. For example, according to Aristotle, “it is possible to consider real
something in the level that it exists” [Aristotle. 1009a: 35].

In fact, the reality of being of “possible” of possibility is in causality

connection with economic potential. Economic potential is a non-realized
economic reality that is “secret”. Besides, the definition of potential appears

as a collection of alternates as parallel. And the case that just which alternate

has a real content in the majority of alternates, is determined by a complex of
the conditions of such environment that formed in the mentioned time frame.

Alternativeness is a main factor preventing wholly actualization of the
potential. In other word, just existence of alternates stands on the base of

potential → actual division. Leibniz writes that “… all possibilities require
existence, any existence could exist, if it is prevented by other possibility (its

opposite)” [Leibniz G.B. 1984, T.3: 123.].

Functional content of a definition may be disclosed from various
aspects. As for us, evaluation of possibility, of which occurring probability

exists in relation to an economic situation from the point of reason-result
connection of existing possibility, would be more correct and logically more

understandable. That is, possibility is localization of such a situation in an
economic situation that an occurrence that will happen has only partial

causality connection. In other word, only a part of the system of relation that

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