The donkey model is a theoretical tool widely used in social science, economics, and management research. Its core purpose is to help researchers understand and analyze problems by simplifying complex real-world situations. The concept of the donkey model is derived from a hypothetical scenario that describes a donkey that, when faced with two identical haystacks, is unable to make a decision and eventually starves to death. This metaphor vividly illustrates the dilemmas that can arise in the decision-making process, especially when faced with multiple options.
In practical applications, the value of the donkey model is reflected in several aspects. First, it highlights the difficulty of choice. When individuals make decisions, they are often influenced by a variety of factors, which may include asymmetric information, expected risk, and time pressure. Therefore, the donkey model can be effectively used to illustrate that in some cases, too many choices can lead to decision paralysis, which in turn affects the outcome.
Second, the donkey model is widely used in the field of economics. In a market environment, consumers may be confused by too much information and choice when faced with numerous products and services,and ultimately unable to make the best choice. This phenomenon is called "choice dilemma",which is manifested by the decline of consumer satisfaction and decision-making efficiency. The donkey model can help economists understand this phenomenon and explore how to improve consumer satisfaction by optimizing product presentation and simplifying choice.
In addition,the donkey model also has its unique application potential in management. Business managers also face the challenge of multiple choices when formulating strategies and allocating resources. The donkey model can remind managers to focus on the simplicity and effectiveness of decisions in the strategic planning process.

Donkey model is an important decision analysis tool, widely used in risk assessment and scenario simulation. The core idea is to help decision makers understand uncertainties and risk factors in complex systems by building a simple and understandable model. The name of the model is derived from the image of the donkey, which implies the process of finding the best path among many alternatives.
In practical applications, donkey models are often used to simulate the potential outcomes of various economic, financial and even engineering projects. By adjusting key variables, decision makers can visually observe the outcome changes under different scenarios. This flexibility makes the donkey model particularly important in complex system analysis, especially in the face of multiple possibilities and risks, to clearly reflect the impact of different decisions.
The advantage of the donkey model is its visual nature,which makes it easy for participants to understand how the model works. Compared with traditional quantitative analysis methods,donkey models pay more attention to intuitive display and scenario deduction,which can effectively improve the communication efficiency of the team. During group discussions, members can engage in in-depth discussions around the different assumptions of the model, inspiring innovative solutions.
However, the donkey model is not invulnerable. In the process of use,the accuracy of the model depends on the quality and reliability of the input data. If the underlying data is unreliable, the conclusions drawn by the model can lead to bad decisions. In addition, while the donkey model is capable of showing a variety of scenarios,it is still essentially a simplified representation and may not fully capture the complexity of the system. Therefore,when decision-makers rely on model results,they also need to combine experience and other analytical methods to make comprehensive judgments.

Donkey model is a tool widely used in many fields, especially in economics, management and social science research plays an important role. This model, with its unique form of expression and powerful analytical ability, enables researchers to deeply understand the behavior of complex systems.

The core idea of the donkey model is to abstract and simplify a particular object by building mathematical structures based on specific assumptions and simulating its changes under various conditions. The name derives from the fact that the process of calculation and deduction can sometimes appear cumbersome and tortuous, similar to the image of a donkey pulling a cart. Nevertheless, the donkey model can provide clear predictions of outcomes under given assumptions, helping decision makers navigate complex environments.

In economics, the donkey model is often used to analyze market behavior and price fluctuations. By introducing the behavior assumptions of consumers and producers and establishing the relationship between demand and supply, researchers can predict the impact of price changes on the market. In addition, this model can also be used to explore the impact of policy changes, market intervention and other factors on the economic system to provide strong support for policy making.

In management, the donkey model is widely used for strategic planning and resource allocation. By analyzing the internal and external environment of the enterprise, the model can help managers identify key factors and formulate long-term development strategies. Using the Donkey model, enterprises can not only assess the current situation, but also predict the challenges and opportunities that may be encountered in the future, so as to allocate resources more effectively and achieve optimal management.