Uncertainty, Difficulty, and Complexity
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Alchian, Armen A & Demsetz, Harold, 1972.
"Production , Information Costs, and Economic Organization,"
American Economic Review, American Economic Association, vol. 62(5), pages 777-795, December.
- Armen A. Alchian & Harold Demsetz, 1971. "Production, Information Costs and Economic Organizations," UCLA Economics Working Papers 10A, UCLA Department of Economics.
- Steven N. Durlauf, 1996.
"Statistical Mechanics Approaches to Socioeconomic Behavior,"
NBER Technical Working Papers
0203, National Bureau of Economic Research, Inc.
- Durlauf, S.N., 1996. "Statistical Mechanics Approaches to Socioeconomic Behavior," Working papers 9617, Wisconsin Madison - Social Systems.
- Steven N. Durlauf, 1996. "Statistical Mechanics Approaches to Socioeconomic Behavior," Working Papers 96-08-069, Santa Fe Institute.
- Baron, David P. & Ferejohn, John A., 1989. "Bargaining in Legislatures," American Political Science Review, Cambridge University Press, vol. 83(4), pages 1181-1206, December.
- Judd, Kenneth L., 1997.
"Computational economics and economic theory: Substitutes or complements?,"
Journal of Economic Dynamics and Control, Elsevier, vol. 21(6), pages 907-942, June.
- Kenneth L. Judd, 1997. "Computational Economics and Economic Theory: Substitutes or Complements," NBER Technical Working Papers 0208, National Bureau of Economic Research, Inc.
- John H. Nachbar, 1997.
"Prediction, Optimization, and Learning in Repeated Games,"
Econometrica, Econometric Society, vol. 65(2), pages 275-310, March.
- John H. Nachbar, 1995. "Prediction, Optimization, and Learning in Repeated Games," Game Theory and Information 9504001, University Library of Munich, Germany, revised 22 Feb 1996.
- John Nachbar, 2010. "Prediction, Optimization and Learning in Repeated Games," Levine's Working Paper Archive 576, David K. Levine.
- Jordan, J. S., 1982. "The competitive allocation process is informationally efficient uniquely," Journal of Economic Theory, Elsevier, vol. 28(1), pages 1-18, October.
- Kalai, Ehud & Stanford, William, 1988.
"Finite Rationality and Interpersonal Complexity in Repeated Games,"
Econometrica, Econometric Society, vol. 56(2), pages 397-410, March.
- Ehud Kalai & William Stanford, 1986. "Finite Rationality and Interpersonal Complexity in Repeated Games," Discussion Papers 679, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Leigh TESFATSION, 1995.
"How Economists Can Get Alife,"
Economic Report
37, Iowa State University Department of Economics.
- Tesfatsion, Leigh, 1997. "How Economists Can Get Alife," Staff General Research Papers Archive 1685, Iowa State University, Department of Economics.
- Tesfatsion, Leigh, 1995. "How Economists Can Get Alife," ISU General Staff Papers 199509010700001035, Iowa State University, Department of Economics.
- Tesfatsion, Leigh, 1995. "How Economists Can Get Alife," Economic Reports 18196, Iowa State University, Department of Economics.
- Kalai, Ehud & Lehrer, Ehud, 1993.
"Rational Learning Leads to Nash Equilibrium,"
Econometrica, Econometric Society, vol. 61(5), pages 1019-1045, September.
- Ehud Kalai & Ehud Lehrer, 1990. "Rational Learning Leads to Nash Equilibrium," Discussion Papers 895, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- E. Kalai & E. Lehrer, 2010. "Rational Learning Leads to Nash Equilibrium," Levine's Working Paper Archive 529, David K. Levine.
- Kalai, Ehud & Lehrer, Ehud, 1991. "Rational Learning Leads to Nash Equilibrium," Working Papers 91-18, C.V. Starr Center for Applied Economics, New York University.
- Ehud Kalai & Ehud Lehrer, 1990. "Rational Learning Leads to Nash Equilibrium," Discussion Papers 925, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- W. Bentley MacLeod, 1996.
"Decision, Contract, and Emotion: Some Economics for a Complex and Confusing World,"
Canadian Journal of Economics, Canadian Economics Association, vol. 29(4), pages 788-810, November.
- W. Bentley MacLeod, 1996. "Decision, Contract and Emotion: Some Economics for a Complex and Confusing World," Boston College Working Papers in Economics 336., Boston College Department of Economics.
- Itzhak Gilboa & David Schmeidler, 1992.
"Additive Representation of Non-Additive Measures and the Choquet Integral,"
Discussion Papers
985, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Itzhak Gilboa & David Schmeidler, 1994. "Additive Representations of Non-Additive Measures and the Choquet Integral," Post-Print hal-00753149, HAL.
- 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.
- Kieron J. Meagher, 1996. "Managing Change and the Success of Niche Products," Working Papers 96-08-066, Santa Fe Institute.
- Menard, Claude, 1995. "Markets as institutions versus organizations as markets? Disentangling some fundamental concepts," Journal of Economic Behavior & Organization, Elsevier, vol. 28(2), pages 161-182, October.
- Kiminiori Matsuyama, 1995. "Economic Development as Coordination Problems," Discussion Papers 1123, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Camerer, Colin & Weber, Martin, 1992.
"Recent Developments in Modeling Preferences: Uncertainty and Ambiguity,"
Journal of Risk and Uncertainty, Springer, vol. 5(4), pages 325-370, October.
- Camerer, Colin F. & Weber, Martin, 1991. "Recent developments in modelling preferences: Uncertainty and ambiguitiy," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 275, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
- Rubinstein, Ariel, 1986.
"Finite automata play the repeated prisoner's dilemma,"
Journal of Economic Theory, Elsevier, vol. 39(1), pages 83-96, June.
- Ariel Rubinstein, 1997. "Finite automata play the repeated prisioners dilemma," Levine's Working Paper Archive 1639, David K. Levine.
- Daniel Ellsberg, 1961. "Risk, Ambiguity, and the Savage Axioms," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 75(4), pages 643-669.
- Williamson, Oliver E, 1991. "Economic Institutions: Spontaneous and Intentional Governance," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 7(0), pages 159-187, Special I.
- Kenneth R. Mount & Stanley Reiter, 1990. "A Model of Computing with Human Agents," Discussion Papers 890, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- John Conlisk, 1996. "Why Bounded Rationality?," Journal of Economic Literature, American Economic Association, vol. 34(2), pages 669-700, June.
- Truman F. Bewley, 1986. "Knightian Decision Theory: Part 1," Cowles Foundation Discussion Papers 807, Cowles Foundation for Research in Economics, Yale University.
- repec:adr:anecst:y:1992:i:25-26:p:13 is not listed on IDEAS
- Miller, John H., 1996. "The coevolution of automata in the repeated Prisoner's Dilemma," Journal of Economic Behavior & Organization, Elsevier, vol. 29(1), pages 87-112, January.
- Reiter, Stanley, 1977. "Information and Performance in the (New)2 Welfare Economics," American Economic Review, American Economic Association, vol. 67(1), pages 226-234, February.
- North, Douglass C., 1971. "Institutional Change and Economic Growth," The Journal of Economic History, Cambridge University Press, vol. 31(1), pages 118-125, March.
- Sterman, John D., 1989. "Misperceptions of feedback in dynamic decision making," Organizational Behavior and Human Decision Processes, Elsevier, vol. 43(3), pages 301-335, June.
- Kollman, Ken & Miller, John H. & Page, Scott E., 1992. "Adaptive Parties in Spatial Elections," American Political Science Review, Cambridge University Press, vol. 86(4), pages 929-937, December.
- Austen-Smith, David & Riker, William H., 1987. "Asymmetric Information and the Coherence of Legislation," American Political Science Review, Cambridge University Press, vol. 81(3), pages 897-918, September.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Svenja C. Sommer & Christoph H. Loch, 2004. "Selectionism and Learning in Projects with Complexity and Unforeseeable Uncertainty," Management Science, INFORMS, vol. 50(10), pages 1334-1347, October.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Scott E. Page, 2008. "Uncertainty, Difficulty, and Complexity," Journal of Theoretical Politics, , vol. 20(2), pages 115-149, April.
- Jehiel, Philippe, 1998. "Learning to Play Limited Forecast Equilibria," Games and Economic Behavior, Elsevier, vol. 22(2), pages 274-298, February.
- Lu Hong & Scott E. Page, 1998. "Diversity and Optimality," Research in Economics 98-08-077e, Santa Fe Institute.
- Jenna Bednar & Scott Page, 2007. "Can Game(s) Theory Explain Culture?," Rationality and Society, , vol. 19(1), pages 65-97, February.
- Ancarani, A. & Di Mauro, C. & D'Urso, D., 2013. "A human experiment on inventory decisions under supply uncertainty," International Journal of Production Economics, Elsevier, vol. 142(1), pages 61-73.
- David Baron & Ehud Kalai, 1990. "Dividing a Cake by Majority: The Simplest Equilibria," Discussion Papers 919, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Sent, Esther-Mirjam, 2004. "The legacy of Herbert Simon in game theory," Journal of Economic Behavior & Organization, Elsevier, vol. 53(3), pages 303-317, March.
- Xuanming Su, 2008. "Bounded Rationality in Newsvendor Models," Manufacturing & Service Operations Management, INFORMS, vol. 10(4), pages 566-589, May.
- Monte, Daniel, 2013. "Bounded memory and permanent reputations," Journal of Mathematical Economics, Elsevier, vol. 49(5), pages 345-354.
- Nachbar, John H & Zame, William R, 1996.
"Non-computable Strategies and Discounted Repeated Games,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 8(1), pages 103-122, June.
- William R. Zame & John H. Nachbar, 1996. "Non-computable strategies and discounted repeated games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 8(1), pages 103-122.
- William R. Zame, 1995. "Non-Computable Strategies and Discounted Repeated Games," UCLA Economics Working Papers 735, UCLA Department of Economics.
- Rachel Croson & Nicolas Treich, 2014. "Behavioral Environmental Economics: Promises and Challenges," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 58(3), pages 335-351, July.
- García, Julián & van Veelen, Matthijs, 2016.
"In and out of equilibrium I: Evolution of strategies in repeated games with discounting,"
Journal of Economic Theory, Elsevier, vol. 161(C), pages 161-189.
- Matthijs van Veelen & Julian Garcia, 2010. "In and Out of Equilibrium: Evolution of Strategies in Repeated Games with Discounting," Tinbergen Institute Discussion Papers 10-037/1, Tinbergen Institute.
- Spiegler, Ran, 2005.
"Testing threats in repeated games,"
Journal of Economic Theory, Elsevier, vol. 121(2), pages 214-235, April.
- Ran Spiegler, 2001. "Testing Threats in Repeated Games," Economics Working Papers 0009, Institute for Advanced Study, School of Social Science.
- Ran Spiegler, 2002. "Testing Threats in Repeated Games," Levine's Working Paper Archive 391749000000000445, David K. Levine.
- Ran Spiegler, 2002. "Testing Threats in Repeated Games," NajEcon Working Paper Reviews 391749000000000445, www.najecon.org.
- Spiegler, R., 2001. "Testing Threats in Repeated Games," Papers 2001-28, Tel Aviv.
- Massimo Guidolin & Francesca Rinaldi, 2013.
"Ambiguity in asset pricing and portfolio choice: a review of the literature,"
Theory and Decision, Springer, vol. 74(2), pages 183-217, February.
- Massimo Guidolin & Francesca Rinaldi, 2010. "Ambiguity in asset pricing and portfolio choice: a review of the literature," Working Papers 2010-028, Federal Reserve Bank of St. Louis.
- Massimo Guidolin & Francesca Rinaldi, 2011. "Ambiguity in Asset Pricing and Portfolio Choice: A Review of the Literature," Working Papers 417, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Shin-ichi Fukuda, 2001. "A Model of Keynesian under Knightian Uncertainty," CIRJE F-Series CIRJE-F-115, CIRJE, Faculty of Economics, University of Tokyo.
- Lo, Kin Chung, 2000. "Epistemic conditions for agreement and stochastic independence of [epsi]-contaminated beliefs," Mathematical Social Sciences, Elsevier, vol. 39(2), pages 207-234, March.
- Jürgen Eichberger & David Kelsey, 1999. "E-Capacities and the Ellsberg Paradox," Theory and Decision, Springer, vol. 46(2), pages 107-138, April.
- Andrew J. Keith & Darryl K. Ahner, 2021. "A survey of decision making and optimization under uncertainty," Annals of Operations Research, Springer, vol. 300(2), pages 319-353, May.
- Norman, Thomas W.L., 2022. "The possibility of Bayesian learning in repeated games," Games and Economic Behavior, Elsevier, vol. 136(C), pages 142-152.
- Ueda, Masahiko, 2023. "Memory-two strategies forming symmetric mutual reinforcement learning equilibrium in repeated prisoners’ dilemma game," Applied Mathematics and Computation, Elsevier, vol. 444(C).
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wop:safire:98-08-076e. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Thomas Krichel (email available below). General contact details of provider: https://edirc.repec.org/data/epstfus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.