Communications of the IIMA


The research topic takes up the issue of collective behavior within a Global Information System, and a relating question of human rationality. The interests in the area of information systems have concentrated mainly on technological aspects so far. If the human component was taken into account, it has been analyzed from the level of an individual. So have all new concepts of rationality. The detailed project objectives arise from the following research questions: Is collective behavior a phenomenon of exclusively qualitative nature, impossible to structure? Does irrationality of individual actions determine irrationality and unpredictability of the whole social system of a given Information System? A model exemplification of a Global Information System is a contemporary, electronic stock exchange. The anticipated findings will help formulate a new, adaptive, paradigm of rationality.