Only used in business, ceteris paribus
All other things being equal
The assumption of the constancy of all other influencing factors is indicated by the abbreviation «c. p. » for lat. ceteris paribus (= other things equal) marked. The premise c. p. naturally restricts the general validity of the statement obtained because the interactions with other influencing factors are assumed to be disregarded.
In economic sociology:
A restriction added to many social science models and legal statements (especially economics), which means that the legal statements should only apply insofar as all factors not contained in the model or statement remain constant. These factors are discussed in the cp.-K. not further described. Therefore, the models cannot be checked empirically, since in the case of contrary observations the statements with reference to possible changes of the c.-p.-K. unspecified factors can be sustained. This use of the c.- p.-K. leads to the immunization of statements and models. The accusation of model Platonism is based on this.
mental elimination of all influences that are not mentioned in a model
recorded processes. The influencing variables that have not been introduced thus become, as it were
"frozen". This can lead to false conclusions, especially in the case of partial analysis, if the variables included in the consideration
by their variation due to existing dependencies in the non-recorded variables
lead to changes which in turn affect the recorded variables
work back. Therefore, strictly speaking, the ceteris paribus premise is only then
allowed if these repercussions remain small.
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