103 104 105 Psychologists have avoided using game theory because of its unrealistic assumptions on human cognitive ability, such as perfectly accurate forecasting, and its large reliance on equilibrium analysis to predict behavior in social interactions. Recent developments in behavioral game theory address these limitations by allowing for bounded and heterogeneous thinking, recognizing limita...

This paper demonstrates how philosophical thought can inform science, with reference to the interplay of causal and algorithmic thinking in Cognitive Science, Evolutionary Biology and other scientific enquiries. It is argued (touching briefly on the debate between Fictionalism and Realism regarding mathematics (Field 1989; Lewis 1991)) that algorithmic concepts (eg. substrate neutrality) are ma...

When management accounting was introduced as an advanced version of cost accounting after second world war its early advocates had claimed that it would make accounting more useful in assisting managers in their decision making function. As the discipline has failed to live up to the promise now strategic management accounting has been presented as a messiah for the discipline of accounting. Ne...

III. A / Practice Papers / 141 Learning from Complexity Theory: Is Strategic Planning Obsolete? During the last few years, twentieth century scientific thinking has been creating ripples and raising questions in the business world. These ripples, in the form of complexity theory (which includes chaos theory) have challenged the notions of scientific management, including strategic planning. Com...

Victor A. Sposito Section Leader, Spatial Sciences PIRVic, Landscape Systems Science Department of Primary Industries, Victoria. AUSTRALIA [email protected] Ray Wyatt Associate Professor School of Anthropology, Geography and Environmental Studies (SAGES) University of Melbourne Christopher J. Pettit Statewide Leader, Spatial Sciences PIRVic Landscape Systems Science Department of Pr...

Although the idea of furthering one’s career has universal appeal, it can be quite difficult to determine the best way to fulfill our professional aspirations. In Becoming a Successful Scientist, Dr. Craig Loehle attempts to describe the mental tools required for an aspiring scientist. The bulk of the book is dedicated to problem-solving strategies and guidelines for scientific discovery, but b...

Systems thinking offers a particularly useful worldview for dealing with increasing complexities faced by individuals. This paper explores the nature, assessment, and implications that systems thinking holds for individuals challenged by the shifting landscape of modern complex system governance. Following an introduction that identifies the main attributes of complex systems faced by individua...

E Business in Developing Countries and the Middle East (and in Oman in particular) is of great interest because of opportunities for growth, to elsewhere around the world. For example, E Business expansion in the Middle East is of growing importance because of the scaling down of income from Middle Eastern sourced oil over the next decades. In Developing Countries other than the Middle East E B...