El Farol Problem
Taking
the chance that I will eat at “El Farol” this week, I want to share the famous
“El Farol” Paper from Brian Arthur with you. The type of rationality assumed in
economics, perfect, logical, deductive rationality, is useful for generating
solutions to theoretical problems. But how do humans reason in situations that
are complicated or ill-defined,? Unfortunately we rely too much on Inductive
Reasoning. Here a nice explanation on this paper. Enjoy
The Le_Meridian Funding Service went above and beyond their requirements to assist me with my loan which i used expand my pharmacy business,They were friendly, professional, and absolute gems to work with.I will recommend anyone looking for loan to contact. Email..lfdsloans@lemeridianfds.com Or lfdsloans@outlook.com.WhatsApp ... + 19893943740.
ReplyDelete