The Individual and the Organizational Model of Quantum Decision-Making and Learning: An Introduction and the Application of the Quadruple Loop Learning
Meir Russ
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Meir Russ: Austin E. Cofrin School of Business, University of Wisconsin-Green Bay, Green Bay, WI 54311, USA
Merits, 2021, vol. 1, issue 1, 1-13
Abstract:
The new Post Accelerating Data and Knowledge Online Society, or ‘ Padkos ’, requires a new model of decision-making. This introductory paper proposes a model where decision making and learning are a single symbiotic process, incorporating man and machine, as well as the AADD ( ánthrōpos, apparatus, decider, doctrina ) amalgamated diamond model of individual and organizational decision-making and learning processes. The learning is incorporated by using a newly proposed quadruple loop learning model. This model allows for controlled changes of identity, the process of creating and the sense-making of new mental models, assumptions, and reflections. The model also incorporates the recently proposed model of quantum decision making, where time collapse of the opted past and the anticipated future (explicitly including its time horizon) into the present plays a key role in the process, leveraging decision making and learning by human as well as artificial intelligence (AI) and machine learning (ML) algorithms.
Keywords: model of quantum decision-making and learning (MQDM&L); AADD diamond model; decision-making and learning; quadruple loop learning; Padkos (search for similar items in EconPapers)
JEL-codes: J L M (search for similar items in EconPapers)
Date: 2021
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