ResearchIndex Home Elihu M. Gerson. Elihu M. Gerson. VFC exhibits behavior in a model of bounded rationality.
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Not all information is available to all decision makers. Elihu M. Gerson. The initial configuration of VFC is shown in figure 3 as a collection of boxes and lines. Arrowheads indicate the direction of the initial message. For example, much institutional behaviour consists of negotiating compromises constrained by available funding.