Why Are Simulation Models Used in Decision Making

question 1

Essay

Why are simulation models used in decision making?

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Definitions:

Milgram's

Refers to a series of psychological experiments conducted by Stanley Milgram, which measured the willingness of participants to obey authority figures.

Group Pressure

The psychological force exerted by a group that encourages individuals to conform to its norms and expectations.

Social Networks

The complex web of relationships and connections among individuals that can provide support, information, and social interaction.

Interconnection

The link or relationship between different parts or elements, highlighting how they influence or relate to one another within a system.