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On the Epistemology of the Inexact Sciences

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Author Info

  • Olaf Helmer

    (The RAND Corporation, Santa Monica, California)

  • Nicholas Rescher

    (The RAND Corporation, Santa Monica, California)

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    Abstract

    This is a new epistemological approach to the inexact sciences. The purpose of all science is to explain and predict in an objective manner. While in the exact sciences explanation and prediction have the same logical structure, this is not so in the inexact sciences. This permits various methodological innovations in the inexact sciences, e.g., expert judgment and simulation.

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    File URL: http://dx.doi.org/10.1287/mnsc.6.1.25
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    Bibliographic Info

    Article provided by INFORMS in its journal Management Science.

    Volume (Year): 6 (1959)
    Issue (Month): 1 (October)
    Pages: 25-52

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    Handle: RePEc:inm:ormnsc:v:6:y:1959:i:1:p:25-52

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    Cited by:
    1. Nielsen, Christine & Thangadurai, Mohan, 2007. "Janus and the Delphi Oracle: Entering the new world of international business research," Journal of International Management, Elsevier, vol. 13(2), pages 147-163, June.
    2. Masood Fooladi Chaghadari Author_Email: foladim57@gmail.com & Zaleha Abdul Shukor, 2011. "Corporate Governance And Disclosure Of Related Party Transactions," 2nd International Conference on Business and Economic Research (2nd ICBER 2011) Proceeding 2011-267, Conference Master Resources.

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