29 October, 11–12:30 p.m. – Aula D5/0.12
An Overview of Laboratory Experiments on Decision Behaviour in Complex, Dynamic Domains: Methods, Designs and Outcomes
— SANTIAGO ARANGO ARAMBURO
Abstract
Controlled experiments, long applied in psychology and economics, are increasingly used to advance theory in management science, particularly in decision-making and system dynamics. This presentation reviews laboratory experiments that explore human behavior in complex and dynamic environments. It highlights how these experiments help identify the causes of poor performance in feedback-rich systems and how such behavior can be represented in system dynamics models. Finally, it summarizes key findings from this body of work and outlines directions for future research on decision-making under dynamic complexity.