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Bounded Disciplines and Unbounded Problems : A Vision for Management Science - Baruch Fischhoff

Bounded Disciplines and Unbounded Problems

A Vision for Management Science

By: Baruch Fischhoff

eText | 12 January 2025 | Edition Number 1

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People often face complex, novel, fateful, and wildly unbounded problems throughout their lives. In their work, disciplinary scientists hone their wisdom on the complexities of necessarily bounded problems. Bounded Disciplines and Unbounded Problems offers a vision for schools of management science to bring these worlds together, by doing more of what they do best, co-creating solutions in ways that serve the world and the disciplines. Disciplinary wisdom is illustrated with studies eliciting beliefs and preferences. Collaboration is illustrated with a wide variety of applications, including climate, energy, health, security, technology, and natural disasters. The proposed strategy, for bonding bounded disciplines, offers a realistic path forward, at a time when the value of academia is sometimes questioned by the public, students, and even some of its members.

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