Publication

2006 - Division of Research, Harvard Business School, Boston, Massachusetts

Language

English

Word Count

11,000 words, Guess

Page Count

44 pages

Identifiers

Description

"Scholars who view organizational, social, and technological systems as sets of interdependent decisions have increasingly used simulation models from the biological and physical sciences to examine system behavior. These models shed light on an enduring managerial question: how much exploration is necessary to discover a good configuration of decisions? We develop simple, intuitive rules of thumb that allow a decision maker to examine two interaction patterns and determine which requires greater investment in broad exploration."

Description

Scholars who view organizational, social, and technological systems as sets of interdependent decisions have increasingly used simulation models from the biological and physical sciences to examine system behavior. These models shed light on an enduring managerial question: how much exploration is necessary to discover a good configuration of decisions? We develop simple, intuitive rules of thumb that allow a decision maker to examine two interaction patterns and determine which requires greater investment in broad exploration.

Subjects

Series Statement

  • Working paper / Division of Research, Harvard Business School -- 05-044

Other Editions

  • Patterned interactions in complex systemsDivision of Research, Harvard Business School2006

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