Deterministic Chaos in Models of Human Behavior - Softcover

Methodological Issues And Experimental Results

 
9781334298097: Deterministic Chaos in Models of Human Behavior

Synopsis

This book explores deterministic chaos and its implications for models of human behavior. The author investigates a series of well-known models in the system dynamics literature, demonstrating that several contain previously unsuspected regimes of deterministic chaos. The book is a unique contribution to the study of human behavior, as it provides both a theoretical framework and experimental evidence for the existence of chaos in human decision-making. It draws on behavioral decision theory and organizational studies to provide a nuanced understanding of the psychological processes that give rise to chaotic behavior. The significance of this book lies in its demonstration that chaos is not merely a theoretical curiosity, but a phenomenon that can occur in real-world systems. Its insights challenge traditional assumptions about the predictability of human behavior, and open up new avenues for research on the dynamics of social and economic systems.

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About the Author

John Sterman (Lexington, MA) teaches at the Sloan School of Management and direct MIT's System Dynamics Group.

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