Partial Knowledge
One discipline of epistemology focuses on partial knowledge. In most cases, it is not possible to understand an information domain exhaustively; our knowledge is always incomplete or partial. Most real problems have to be solved by taking advantage of a partial understanding of the problem context and problem data, unlike the typical math problems one might solve at school, where all data is given and one is given a complete understanding of formulas necessary to solve them.
This idea is also present in the concept of bounded rationality which assumes that in real life situations people often have a limited amount of information and make decisions accordingly.
Read more about this topic: Knowledge
Famous quotes containing the words partial and/or knowledge:
“We were soon in the smooth water of the Quakish Lake,... and we had our first, but a partial view of Ktaadn, its summit veiled in clouds, like a dark isthmus in that quarter, connecting the heavens with the earth.”
—Henry David Thoreau (1817–1862)
“The thief steals from himself. The swindler swindles himself. For the real price is knowledge and virtue, whereof wealth and credit are signs. These signs, like paper money, may be counterfeited or stolen, but that which they represent, namely, knowledge and virtue, cannot be counterfeited or stolen.”
—Ralph Waldo Emerson (1803–1882)