Laboratory experiments of decision making have revealed widespread misperceptions of nonlinear dynamic systems. A possible criticism of these experiments is that participants do not get the advice they may receive in real situations. Here we repeat one previous experiment where we add two conflicting advice. A 'populist' advice reflects typical misperceptions while a second advice represents a near-to-optimal policy. The latter advice is in the wording of an 'activist' in Treatment 1 and in the wording of an 'expert' in systems analysis in Treatment 2. The results suggest that advice, including near-to-optimal ones, may have minor effects in complex systems. Activist wording seems more effective than expert wording, with the possible exception for participants with a certain background in stock and flow reasoning.

This is the whole item.

Date created

• 2009 July 26-2009 July 30

Type

• Document

Processing Activity

• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

License

• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
  Contact Us for questions or additional rights.

ITEM CONTEXT

Part of

4818cb531cdd68d6ec6af3f291216fc7

Scope and Contents

Part of

b3584c6b53c3f58e0202549d7d851f84

Scope and Contents

Part of

23d738ba88f8333bc39725f9cb5bd0b8

Scope and Contents

Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives