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Do markets mitigate misperceptions of feedback?

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  • Christian Erik Kampmann
  • John D. Sterman

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  • Christian Erik Kampmann & John D. Sterman, 2014. "Do markets mitigate misperceptions of feedback?," System Dynamics Review, System Dynamics Society, vol. 30(3), pages 123-160, July.
  • Handle: RePEc:bla:sysdyn:v:30:y:2014:i:3:p:123-160
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    8. Cronin, Matthew A. & Gonzalez, Cleotilde & Sterman, John D., 2009. "Why don't well-educated adults understand accumulation? A challenge to researchers, educators, and citizens," Organizational Behavior and Human Decision Processes, Elsevier, vol. 108(1), pages 116-130, January.
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    10. John Conlisk, 1996. "Why Bounded Rationality?," Journal of Economic Literature, American Economic Association, vol. 34(2), pages 669-700, June.
    11. Mark Paich & John D. Sterman, 1993. "Boom, Bust, and Failures to Learn in Experimental Markets," Management Science, INFORMS, vol. 39(12), pages 1439-1458, December.
    12. Sterman, John & Booth Sweeney, Linda, 2002. "Cloudy Skies: Assessing Public Understanding of Global Warming," Working papers 4361-02, Massachusetts Institute of Technology (MIT), Sloan School of Management.
    13. Simon, Herbert A, 1979. "Rational Decision Making in Business Organizations," American Economic Review, American Economic Association, vol. 69(4), pages 493-513, September.
    14. John D. Sterman, 1989. "Modeling Managerial Behavior: Misperceptions of Feedback in a Dynamic Decision Making Experiment," Management Science, INFORMS, vol. 35(3), pages 321-339, March.
    15. Don N. Kleinmuntz, 1985. "Cognitive Heuristics and Feedback in a Dynamic Decision Environment," Management Science, INFORMS, vol. 31(6), pages 680-702, June.
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    17. Arango, Santiago & Moxnes, Erling, 2012. "Commodity cycles, a function of market complexity? Extending the cobweb experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 84(1), pages 321-334.
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    3. Steve Evans & Doroteya Vladimirova & Maria Holgado & Kirsten Van Fossen & Miying Yang & Elisabete A. Silva & Claire Y. Barlow, 2017. "Business Model Innovation for Sustainability: Towards a Unified Perspective for Creation of Sustainable Business Models," Business Strategy and the Environment, Wiley Blackwell, vol. 26(5), pages 597-608, July.
    4. Delgado-Alvarez, Carlos A. & van Ackere, Ann & Larsen, Erik R & Arango-Aramburo, Santiago, 2017. "Managing capacity at a service facility: An experimental approach," European Journal of Operational Research, Elsevier, vol. 259(1), pages 216-228.
    5. Langley, Paul & Rieple, Alison, 2021. "Incumbents’ capabilities to win in a digitised world: The case of the fashion industry," Technological Forecasting and Social Change, Elsevier, vol. 167(C).
    6. Torres, Juan Pablo & Kunc, Martin & O'Brien, Frances, 2017. "Supporting strategy using system dynamics," European Journal of Operational Research, Elsevier, vol. 260(3), pages 1081-1094.
    7. Matteo Cristofaro, 2016. "Cognitive styles in dynamic decision making: a laboratory experiment," International Journal of Management and Decision Making, Inderscience Enterprises Ltd, vol. 15(1), pages 53-82.
    8. Kirsten Davis & Navid Ghaffarzadegan & Jacob Grohs & Dustin Grote & Niyousha Hosseinichimeh & David Knight & Hesam Mahmoudi & Konstantinos Triantis, 2020. "The Lake Urmia vignette: a tool to assess understanding of complexity in socio‐environmental systems," System Dynamics Review, System Dynamics Society, vol. 36(2), pages 191-222, April.
    9. Villa, Sebastián, 2022. "Competing for supply and demand: Understanding retailers' ordering decisions," International Journal of Production Economics, Elsevier, vol. 244(C).
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