منابع مشابه
Simplicity and Complexity in Contracts
Standard economic models of contract imply that contracts should be highly “complex,” by which we mean (1) rich in the expected number of payoff-relevant contingencies; (2) variable in the magnitude of payoffs contracted to flow between parties; and (3) severe in the cognitive load necessary to understand the contract. Yet most realworld contracts are simple along all three of these dimensions....
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It should be stressed that although many phenomena are complex, 15 the concept of ‘complexity’ is more specific. Complexity is the study of complex adaptive systems. These have been defined as ‘a collection of individual agents with freedom to act in ways that are not always totally predictable, and whose actions are interconnected so that one agent’s actions changes the context for other agent...
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ions, Ensembles, and Virtualizations Simplicity and Complexity in Agent-Based Modeling Ian S. Lustick and Dan Miodownik The Unique Analytic Leverage of Agent-Based Modeling Models are analytically focused metaphors. For example, “the moon is a ghostly galleon” is a metaphor. Thinking of the moon as if it were a ghostly galleon evokes particular moods and images associated with the moon and not ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2000
ISSN: 1556-5068
DOI: 10.2139/ssrn.205391