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Excerpt from Experimental Evidence of Deterministic Chaos in Human Decision Making BehaviorAbout the PublisherForgotten Books publishes hundreds of thousands of rare and classic books.This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.The digital edition of all books may be viewed on our website before purchase.
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Experimental Evidence of Deterministic Chaos in Human Decision Making Behavior Classic Reprint
Da: PBShop.store US, Wood Dale, IL, U.S.A.
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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781332260256
Quantità: 15 disponibili
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Experimental Evidence of Deterministic Chaos in Human Decision Making Behavior Classic Reprint
Da: PBShop.store UK, Fairford, GLOS, Regno Unito
Valutazione del venditore 5 su 5 stelle
PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781332260256
Quantità: 15 disponibili
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Experimental Evidence of Deterministic Chaos in Human Decision Making Behavior
Print on DemandDa: Forgotten Books, London, Regno Unito
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Paperback. Condizione: New. Print on Demand. This book delves into the fascinating and often overlooked realm of human decision-making, exploring the complex interplay between individual choices and the emergent behavior of systems. Drawing inspiration from the burgeoning field of chaos theory, which has revealed the unexpected patterns in physical systems, the author investigates whether similar principles of unpredictability and self-organization might also govern human behavior. Using a carefully designed experiment, the author challenges the traditional assumption of rationality in human decision-making. By simulating a microeconomic system ââ â a production and distribution chain known as the "Beer Distribution Game" ââ â the author demonstrates that even in a seemingly straightforward context, human subjects often exhibit surprising and sometimes chaotic patterns in their actions. The results reveal a surprising degree of complexity and suboptimal performance, highlighting the limitations of traditional economic models which often assume perfect rationality and predictable behavior. Through rigorous analysis, the author develops a model of the subjectsââ ⢠decision-making process, demonstrating that human choices are not always governed by pure logic but can be influenced by cognitive heuristics, such as anchoring and adjustment. This discovery has profound implications for our understanding of social and economic systems, suggesting that even seemingly simple decisions can have unpredictable consequences, potentially leading to oscillations, amplifications, and even chaotic outcomes. The book's insights into the complex interplay between human decision-making and systemic behavior challenge conventional wisdom and offer a more nuanced and realistic perspective on how individuals and systems interact. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Codice articolo 9781332260256_0
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