The power of parallel thinking
dc.contributor.author | Cohen, Michael D. | en_US |
dc.date.accessioned | 2006-04-07T17:59:06Z | |
dc.date.available | 2006-04-07T17:59:06Z | |
dc.date.issued | 1981-12 | en_US |
dc.identifier.citation | Cohen, Michael D. (1981/12)."The power of parallel thinking." Journal of Economic Behavior & Organization 2(4): 285-306. <http://hdl.handle.net/2027.42/24176> | en_US |
dc.identifier.uri | http://www.sciencedirect.com/science/article/B6V8F-45MFS2J-1/2/606b0cc059cec411bbed6ed712b967a5 | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/24176 | |
dc.description.abstract | A small computer model demonstrates that an appropriate organization of boundedly rational individuals can find optimal policies in an environment that is overwhelmingly complex for unorganized decision makers. The model is also used to identify conditions under which optimal -- or even good -- policies are not found. The demonstrated adaptive power of the model is interpreted in light of recent developments in the theory of computational complexity that place new stress on powerful methods of search, and of new models from computer science which markedly advance search effectiveness by harnessing parallel structures of information processing. | en_US |
dc.format.extent | 2447394 bytes | |
dc.format.extent | 3118 bytes | |
dc.format.mimetype | application/pdf | |
dc.format.mimetype | text/plain | |
dc.language.iso | en_US | |
dc.publisher | Elsevier | en_US |
dc.title | The power of parallel thinking | en_US |
dc.type | Article | en_US |
dc.rights.robots | IndexNoFollow | en_US |
dc.subject.hlbsecondlevel | Economics | en_US |
dc.subject.hlbtoplevel | Business | en_US |
dc.description.peerreviewed | Peer Reviewed | en_US |
dc.contributor.affiliationum | University of Michigan, Ann Arbor, MI 48109, USA | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/24176/1/0000435.pdf | en_US |
dc.identifier.doi | http://dx.doi.org/10.1016/0167-2681(81)90011-1 | en_US |
dc.identifier.source | Journal of Economic Behavior & Organization | en_US |
dc.owningcollname | Interdisciplinary and Peer-Reviewed |
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