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Hyperchaotic Phenomena in Dynamic Decision Making

  • Jesper Skovhus Thomsen
  • Erik Mosekilde
  • John D. Sterman
Part of the NATO ASI Series book series (NSSB, volume 270)

Abstract

Most research in psychology and behavioral science focuses on individual choice in static and discrete tasks. In everyday practice, however, we have to deal with much more complicated situations involving time delays, nonlinearities and interactions with other individuals. The purpose of this article is to show how the decision making behavior of real people in simulated corporate environments can lead to chaotic, hyperchaotic and higher-order hyperchaotic phenomena. Characteristic features of these complicated forms of behavior are analyzed with particular emphasis on an interesting form of intermittency in which the trajectory switches apparently at random between two different hyperchaotic solutions.

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Copyright information

© Plenum Press, New York 1991

Authors and Affiliations

  • Jesper Skovhus Thomsen
    • 1
  • Erik Mosekilde
    • 1
  • John D. Sterman
    • 2
  1. 1.Physics Laboratory IIITechnical University of DenmarkLyngbyDenmark
  2. 2.Sloan School of ManagementMassachusetts Institute of TechnologyCambridgeUSA

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