Li, Anson with Kambiz Maani, "Dynamic Decision-Making, Learning and Mental Models", 2010 July 25-2010 July 29

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Bounded by limited cognitive capabilities, decision-makers use mental models (reduced versions of real world dynamics) for decision-making and interventions in complex tasks. As such mental models are constantly updated with new experience and knowledge acquired, facilitating a learning process. Through this learning process, mental models can be refined to better represent real world dynamics. Systems theory suggests that updates of mental models happen in continuous cycles involving conceptualisation, experimentation, and reflection (C-E-R), which represents a dynamic decision-making process (DDM).

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  • 2010 July 25-2010 July 29
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System Dynamic Society Records

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