Managerial Economics > EXAM > Complexity Theory and Strategy (All)
Complexity Theory and Strategy
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Complexity Theory and Strategy A New Way of Thinking Prepared by Amir Wassef Prologue ▶ Classical modeling theories are based on ▶ simplistic, ▶ deterministic, and ▶ reductionist cha ... racteristics we examine classical theories of thinking and then contrast them with the emerging paradigms of Complexity and Systems thinking. Part 1: The Classical Thinking Approach Simple Systems and Classical Thinking Modeling of Systems ▶ Modeling implies building a conceptual map between the physical or observable attributes and their theoretical representation. ▶ The map is a way to transpose a physical concept into its theoretical or conceptual [Show More]
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