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I don't know if it's used elsewhere but I think in the 70s George Soros put forward a model of the economy that he called "reflexivity" where the central idea i
by james_s_tayler 8y ago
I don't know if it's used elsewhere but I think in the 70s George Soros put forward a model of the economy that he called "reflexivity" where the central idea is that actors act upon things based on their perception of those things and those things change based on how they are acted upon thus changing how they are perceived by the actors and changing how the actors act upon them in a reflexive loop.
It can be applied to many things.