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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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Helmer et al. (Thu,) studied this question.
synapsesocial.com/papers/69d92650c7f0c3ae80a3c181 — DOI: https://doi.org/10.1287/mnsc.6.1.25
Olaf Helmer
Nicholas Rescher
Management Science
RAND Corporation
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