Welcoming address to the participants of the symposium -- The Econometric Institute: background and developments -- I. Economics of Academia -- Introductory remarks -- Research in econometrics and the economics of academia -- Questions and comments -- II. Micro economics -- Introductory remarks...

Recently there has been considerable interest in the average-case performance of heuristics. This paper pursues that interest, where it concerns sequencing and packing problems. In particular, we survey the methods that have been used to obtain formal probabilistic analyses of heuristics for...