#Vertical horizon definition economics how to

Vertical thinking discovers a solution faster than horizontal thinking, but its solution’s quality might not be as good as the horizontal thinking. While both concepts produce a solution to the problem, their outputs might not be the same. Unlike vertical thinking, horizontal thinking requests more time, data, and background study.

The figure below depicts the differences between these two thinking methods. This is why horizontal thinking is linked to breakthrough research. Investigating one field to find an answer will solve a problem but making links between two fields or more to find an answer will lead to a breakthrough solution. One company integrates with another company, who are in the same product line. In other disciplines, however, the credibility of. One company integrates with another company, who are in different product lines. Environmental and resource economists pride themselves on the credibility of their empirical research. Most outstanding research results are the ones that produced from interdisciplinary fields. The major differences between vertical integration and horizontal integration are as follows. They know something about everything, related to their field. On the other hand, people who think horizontally are usually concerned in why a particular problem occurs. They also usually know everything about something. Horizontal integration is between two businesses in the same industryat the same stage of production.

#Vertical horizon definition economics how to

People who think vertically are usually concerned in how to solve the problem. Therefore, it is good to know how we think and how different we think. In general, lateral thinking means being creative and thinking outside the box.Įach thinking strategy has its advantages and disadvantages. Others, use Edward De Bono’s coined term lateral thinking to define horizontal thinking. Howard Gardner calls vertical thinkers the experts and horizontal thinkers the visionaries. Horizontal thinking, unlike vertical thinking, is to investigate wider, not deeper. It also builds experienced researchers in their field. Vertical thinking is an analytical and sequential process and it is widely adopted by researchers in the academia because it finds a solution to the problem faster than the horizontal thinking strategy. Send us feedback about these examples.When I started working on my dissertation, my adviser once drew a vertical line on a white sheet of paper and said, “in research, one needs to think vertically.” He then continued, explaining, that graduate students should dig deeper and deeper into the problem until they find a solution.

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'vertical.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. 2023 In Fairfax, a onetime bedroom community that has rapidly developed in recent decades, another challenge was convincing some neighbors that kids could learn just as well in a vertical office complex. Steve Henson, Los Angeles Times, 31 Aug. 2023 Reliever Elvis Peguero, one of three pitchers the Angels shipped last November to the Milwaukee Brewers in exchange for the slugger, has emerged as a bullpen stalwart after refining his sinker to get more vertical movement. 2023 Most of them are very large and decidedly vertical, which is unusual for landscapes. 2023 Photos released on Friday with the state media report show that the submarine has 10 vertical missile launch tubes of two different sizes, said Yang Uk, a weapons expert at the Asan Institute for Policy Studies in Seoul. 2023 Texas Tech runs an up tempo offense that led the country in plays last season, has a 6-foot-5 vertical threat, speedy slot receiver and 6-foot-9 tight end. 2023 Hurricanes also hate vertical wind shear-basically, differences in wind speed and direction at different altitudes. Tap the home icon at the top of your Kindle screenĬlick the three vertical dots on the right side of the screenĪ dialogue box should pop up.

2023 Here's how to connect your Kindle to your Goodreads account: In An Empirical Evaluation of Some Long-Horizon Macroeconomic Forecasts. Jenna Ortiz, The Arizona Republic, 10 Sep. Many public policy issues require judgement about long-run economic outcomes. Recent Examples on the Web Just got to get some more vertical movement and some more movement in the run game.