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National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
Model of relationship between poverty and decision-making
 Svatoš, Filip ; Burian, Jan (advisor) ; Berka, Petr (referee)
This thesis deals with a design of a model of financial decision making in humans with limited cognitive resources under conditions of poverty, subsequent creation of a computer simulation based on this model, finding parameters in which this model generates a behavior close to real data and testing the behavior of the model under different conditions. The created model is based on current findings in fields of psychology and economics regarding decision making, limited cognitive resources and impact of poverty on cognitive resources and decision making. The model is created using the system dynamics methodology and subsequently, with the use of UML language, implemented into a computer simulation in programmable environment NetLogo. Testing the model showed its ability to generate a behavior close to real data and thus its potential to be used as a model for studying and understanding of the dealt problem and experimenting in order to finding new ways of dealing with the problem of poverty.
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