Individual Irrationality, Network Structure, and Collective Intelligence: An Agent-based Simulation Approach

Authored by Bo Xu, Renjing Liu, Zhengwen He

Date Published: 2016

DOI: 10.1002/cplx.21709

Sponsors: Chinese National Natural Science Foundation

Platforms: No platforms listed

Model Documentation: Other Narrative Mathematical description

Model Code URLs: Model code not found

Abstract

An agent-based model is constructed to study the effects of individual irrationality and network structure on collective performance. We find that individual irrationality and network density are the most influential factors. Moderate degree of irrationality results in moderate knowledge unity and superior quality of knowledge; increasing network connections or decreasing average path length (APL) can promote quality of knowledge integration and knowledge unity. Furthermore, APL is more influential than clustering coefficient and centralization (CE). Less clustering may contribute to higher quality of knowledge integration, while higher CE may contribute to higher knowledge unity. (C) 2015 Wiley Periodicals, Inc.
Tags
Performance Innovation Collaboration knowledge Heterogeneity Exploitation Exploration Consensus Organizations Computer-simulation