Simulating Systems Thinking under Bounded Rationality
Brian Arthur’s El Farol bar model of bounded rationality provides a simple computer model of decision making in a complex, dynamic, and self-organized environment. Can systems thinking provide a viable alternative strategy to traditional methods for dealing with these types of problems? Nine differe...
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Main Authors: | Mark W. Sellers, Hiroki Sayama, Andreas D. Pape |
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Format: | Article |
Language: | English |
Published: |
Wiley
2020-01-01
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Series: | Complexity |
Online Access: | http://dx.doi.org/10.1155/2020/3469263 |
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