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organizational complexity, of fund management companies on their performance. In other words, do small families produce better …
Persistent link: https://www.econbiz.de/10005111211
the organizational complexity of fund management companies on their performance in other words: do small families produce …
Persistent link: https://www.econbiz.de/10005111234
. This paper concludes with an emphasis on the need for system-level interventions to steer the direction of self-organization … institutional fragmentation and aims at embracing the existing complexity in international environmental law. Copyright Springer …
Persistent link: https://www.econbiz.de/10010848115
Port cities as hubs for trade and exchange show the extremes of rapid growth and catastrophic decline: they show the complex and interconnected problems of change in urban systems, and the challenge of maintaining local 'sustainable wealth' and prosperity. This suggests a transition from a...
Persistent link: https://www.econbiz.de/10010944804
characterising their constituents: heterogeneity and interaction as the main sources of complexity and emergence. This perspective is … heterogeneity, interaction and composition effects of individual behaviours into the emergence of macroscopic phenomena. With …
Persistent link: https://www.econbiz.de/10010929797
public policies. I argue that complexity can enhance current approaches to formal economic analysis, but does so in ways that … complement current approaches. I further argue that while complexity can influence how public policy analysis is conducted, it …
Persistent link: https://www.econbiz.de/10009654036
The difficulty of emergence is not the complexity but the recursivity of its working. That is why there are so many …
Persistent link: https://www.econbiz.de/10005790048
Fuzzy logic and genetic algorithms are used to rework more realistic (and more complex) models of competitive markets. The resulting equilibria are significantly different from the ones predicted from the usual static analysis; the methodology solves the Walrasian problem of how markets can...
Persistent link: https://www.econbiz.de/10005836597
emergence introduced by Dessalles, Phan in part I of this work. This exemplification is based on an extension of the model of … emergence of classes by Axtell et al. The present paper is an attempt to integrate both downward and upward causation in one … (weak emergence). We enhance the model to allow for strong emergence: agents get an explicit representation of the dominant …
Persistent link: https://www.econbiz.de/10005132615
This paper provides a formal definition of emergence, operative in multi-agent framework and which make sense from both … a cognitive and an economics point of view. The first part discuses the ontological and epistemic dimension of emergence … and provides a complementary set of definitions. Following Bonabeau, Dessalles, emergence is defined as an unexpected …
Persistent link: https://www.econbiz.de/10005132683