Simulation Modeling to Improve Decision Making in Complex-Dynamic Environments
The overall aim of this project is to improve decision making in the presence of dynamic complexity, which is a challenging task. The main reason behind this challenge is the inadequacy of our intuitive skills in coping with complex dynamic decision-making situations. Dynamic complexity often overwhelms human decision makers, leading to poor decisions. Effective learning cannot typically take place in complex decision making environments. Simulation game based human experiments show that performances of participants initially improve, but quickly plateau at substantially non-optimum levels aft