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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Bibliographic Details
Main Authors: Mark W. Sellers, Hiroki Sayama, Andreas D. Pape
Format: Article
Language:English
Published: Wiley 2020-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2020/3469263
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