Difference between revisions of "Heuristic"

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[[Heuristic]] (originally known as [[heuristic approach]], [[heuristic method]], or [[heuristic technique]]; from Greek ''εὑρίσκω'': to find, discover) is any approach, technique, and/or practice that utilizes one or more experiments to discover knowledge and/or to solve a problem. This discovery, solution, and/or, especially, the process of achieving an ultimate objective may or may not be optimal, perfect, or rational, but, instead, sufficient. Where finding an optimal solution is impossible or impractical, heuristic methods can be used to speed up the process of finding a satisfactory solution. Heuristics can be mental shortcuts that ease the cognitive load of making a decision.[1]:94 Examples that employ heuristics include using a rule of thumb, an educated guess, an intuitive judgment, a guesstimate, profiling, or common sense.  
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[[Heuristic]] (originally known as [[heuristic approach]], [[heuristic method]], or [[heuristic technique]]; from Greek ''εὑρίσκω'': to find, discover) is any approach, technique, and/or practice that utilizes one or more experiments to discover knowledge and/or to solve a problem.
  
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==Definition==
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According to [[Management by Robbins and Coulter (14th edition)]],
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:[[Heuristic]]. A rule of thumb that decision makers use to simplify [[decision-making]].
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==Usage==
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''Heuristics'' are often used in situations when finding an optimal solution is impossible or impractical. The result and, especially, the process of achieving this result may or may not be efficient, perfect, or rational, but, instead, sufficient for a satisfactory solution.
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==Popular methods==
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*[[Rule of thumb]].
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*[[Educated guess]].
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*[[Intuitive judgment]].
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*[[Guesstimate]].
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*[[Profiling]].
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*[[Common sense]].
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*[[Trial and error]].
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*[[Fail-fast]].
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*[[Learning through failure]].
  
 
==Related lectures==
 
==Related lectures==
 
*[[Validated Learning Quarter]].  
 
*[[Validated Learning Quarter]].  
  
[[Category: Septem Artes Administrativi]][[Category: Articles]]
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[[Category: Management]][[Category: Septem Artes Administrativi]][[Category: Articles]]

Latest revision as of 19:51, 31 May 2020

Heuristic (originally known as heuristic approach, heuristic method, or heuristic technique; from Greek εὑρίσκω: to find, discover) is any approach, technique, and/or practice that utilizes one or more experiments to discover knowledge and/or to solve a problem.


Definition

According to Management by Robbins and Coulter (14th edition),

Heuristic. A rule of thumb that decision makers use to simplify decision-making.

Usage

Heuristics are often used in situations when finding an optimal solution is impossible or impractical. The result and, especially, the process of achieving this result may or may not be efficient, perfect, or rational, but, instead, sufficient for a satisfactory solution.

Popular methods

Related lectures