BAE 102 Student Lecture Notes Week Fourteen


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Unformatted text preview: ired state of the system is influenced by the perceived state. When perceived performance slips, the goal is allowed to slip. 4. ___________________. “I’ll raise you one” is the decision rule that leads to escalation. Escalation comes from a reinforcing loop set up by competing actors trying to get ahead of each other. 5. _____________________________. Competitive exclusion occurs when the winners of the competition received, as part of the reward, the means to compete even more effectively in the future. That is a reinforcing feedback loop, which rapidly divide the system into winners who go on winning and losers who go on losing. 6. _______________________________________________. The structure includes a stock with inflows and outflows. The stock can be physical...
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This note was uploaded on 02/05/2014 for the course BAE 102 taught by Professor Staff during the Fall '08 term at Kentucky.

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