This paper examines the epistemological significance of the present situation of underdetermination in quantum mechanics. After analyzing this underdetermination at three levels---formal, ontological, and methodological---the paper considers implications for a number of variants of the thesis of scientific realism in fundamental physics and reassesses Lakatos‘ characterization of progress in physical theory in light of the present situation. Next, this paper considers the implications of underdetermination for Weinberg’s ‘‘dream of a final theory.’’ Finally, the paper concludes by suggesting how one might (...) still think of realism and progress in fundamental physics despite the possibility of persistent underdetermination in quantum mechanics. (shrink)

The relationship between mathematical formalism, physical interpretation and epistemological appraisal in the practice of physical theorizing is considered in the context of Bohmian mechanics. After laying outthe formal mathematical postulates of thetheory and recovering the historical roots ofthe present debate over the meaning of Bohmianmechanics from the early debate over themeaning of Schrödinger's wave mechanics,several contemporary interpretations of Bohmianmechanics in the literature are discussed andcritiqued with respect to the aim of causalexplanation and an alternative interpretationis proposed. Throughout, the over-arching aimis (...) to exhibit the connections betweenmathematical, ontological and methodologicalquestions in physical theory and to reflect onthe rationality of physical theorizing in lightof the present case. (shrink)