Heuristic economics – its cybernetic undertone
A. Ghosal
(Society of Management Science and Applied Cybernetics International Management Institute, New Delhi, India)
392
Abstract
Presents the essentials of heuristic economics. Problems of planning and development, which are complex, ill‐structured and subject to uncertainty, often defy algorithmic mathematical/statistical solutions; hence there is scope for developing a heuristic approach.
Keywords
Citation
Ghosal, A. (2001), "Heuristic economics – its cybernetic undertone", Kybernetes, Vol. 30 No. 9/10, pp. 1118-1125. https://doi.org/10.1108/EUM0000000006547
Publisher
:MCB UP Ltd
Copyright © 2001, MCB UP Limited