The Economy and Complexity Science: Part 1
Simplifying Complexity
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Are the Ants Going to the Bowl With the Higher Sugar Solution?
Brian Greene: classical economics would tell us that the ants go to the bowl with the higher sugar solution, because that's where the most reward is. But what you're actually saying is you can get quite different behavior, he says. There's an element of locking to which bowl they go to first, and thenBecause they're sort of instantly rewarded because of that and because the pheromone trail they lay down, they're in an increasing return situation. Because more of them are going there, they're laying down a higher peromone trail, so more of them will want to go there, thus laying down a high trail. You can't seem to say which will happen
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