Heuristic - Revision history

imported>Doug Williamson: Add link.

2023-03-19T17:51:22Z

Add link.

2021-08-22T00:41:02Z

Add link.

2019-10-10T16:37:21Z

Mend link.

2019-10-10T16:36:30Z

Expand definition.

← Older revision		Revision as of 16:36, 10 October 2019
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	Executing the solution then includes focus on the simple number and improving it, mindful that it is a simplification, without allowing the complexity of the underlying situation to hamper progress.		Executing the solution then includes focus on the simple number and improving it, mindful that it is a simplification, without allowing the complexity of the underlying situation to hamper progress.

			Other heuristics may be entirely qualitative.


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	* [[Black swan]]		* [[Black swan]]
	* [[Deterministic]]		* [[Deterministic]]
			* [[Qualitative]]
	* [[Stochastic]]		* [[Stochastic]]

			[[Category:The_business_context]]
			[[Category:Identify_and_assess_risks]]
			[[Category:Manage_risks]]
			[[Category:Risk_frameworks]]
			[[Category:Financial_products_and_markets]]

2018-05-02T13:42:17Z

Update second sentence.

← Older revision		Revision as of 13:42, 2 May 2018
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	Heuristic describes an approach to problem solving which emphasises practical experience rather than theoretical explanations.		Heuristic describes an approach to problem solving which emphasises practical experience rather than theoretical explanations.

	~~Sometimes described~~ as the use of 'rules of thumb'.		It is sometimes known as the use of 'rules of thumb'.

2018-05-02T13:41:35Z

Update first sentence.

← Older revision		Revision as of 13:41, 2 May 2018
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	~~Describing~~ an approach to problem solving which emphasises practical experience rather than theoretical explanations.		Heuristic describes an approach to problem solving which emphasises practical experience rather than theoretical explanations.

	Sometimes described as the use of 'rules of thumb'.		Sometimes described as the use of 'rules of thumb'.

2017-03-04T14:28:00Z

Link with Analysis paralysis page.

2017-03-04T14:04:15Z

Expand example.

← Older revision		Revision as of 14:04, 4 March 2017
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	Heuristics may include very simple numbers, which capture the essence of a more complex situation.		Heuristics may include very simple numbers, which capture the essence of a more complex situation.

			Executing the solution then includes focus on the simple number and improving it, mindful that it is a simplification, without allowing the complexity of the underlying situation to hamper progress.

2017-03-04T13:53:57Z

Add example.

← Older revision		Revision as of 13:53, 4 March 2017
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	Sometimes described as the use of 'rules of thumb'.		Sometimes described as the use of 'rules of thumb'.


			Heuristics may include very simple numbers, which capture the essence of a more complex situation.

2016-08-12T12:33:35Z

Expand and add link.

← Older revision		Revision as of 12:33, 12 August 2016
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	Describing an approach to problem solving which emphasises practical experience rather than theoretical explanations.		Describing an approach to problem solving which emphasises practical experience rather than theoretical explanations.

			Sometimes described as the use of 'rules of thumb'.


	== See also ==		== See also ==
			* [[Black swan]]
	* [[Deterministic]]		* [[Deterministic]]
	* [[Stochastic]]		* [[Stochastic]]