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often fragmented, institutions. A discussion on the desirability of finding ways to establish so-called cross-scale linkages …
Persistent link: https://www.econbiz.de/10009468474
This paper is based on an application of complex systems' approach toeconomics with the objective of explaining the micro, meso andmacroeconomic mechanisms of development. The complex systems' approachmakes it possible to tackle the problem of evolution and economicdevelopment under conditions...
Persistent link: https://www.econbiz.de/10009475796
I explore the effect of accounting complexity on misreporting using a setting of revenue restatements. I measure … revenue recognition complexity using a factor score based on the number of words and revenue recognition methods from the … recognition complexity increasing the probability of revenue restatements, after controlling for other determinants of …
Persistent link: https://www.econbiz.de/10009476561
games for communicating complexity. By the late 1970s, large organizations were losing faith in the ability of other …
Persistent link: https://www.econbiz.de/10009476607
of the role technology plays in these phenomena, I examine how the complexity of the technological problems that …. I develop a novel measure of technological complexity and empirically analyze how technological complexity affects … information, incomplete contracts or resource constraints. In essay 3 I look at how technological complexity affects decisions to …
Persistent link: https://www.econbiz.de/10009477726
Building Agent-Based Models requires assumptions (as does building any model).The advantage of ABM is the assumptions can be realistic, rather than made in order to solve a calculus-based problem. But what does "realistic" mean? I shall outline the issues of verification of a model (is it...
Persistent link: https://www.econbiz.de/10009480039
full of unexpected events, from cascading failures of lending institutions to speculative investment and the explosive … growth of tech firms. In this talk, I argue that the complexity sciences, particularly a simulation methodology known as … complexity in today’s business climate: interaction effects, strategic complexity, ecological complexity, and reflexive …
Persistent link: https://www.econbiz.de/10009480121
resolving the crisis. Embracing complexity also leads to many practical suggestions as to how monetary policy might be better …
Persistent link: https://www.econbiz.de/10014523326
from complexity theory that takes account of true uncertainty and increasing returns to technology adoption. We examine …
Persistent link: https://www.econbiz.de/10014534298
complexity metrics, we find that all three patterns are well organized by metrics suggested by Lipman (1995) and Gabaix (2014 …
Persistent link: https://www.econbiz.de/10014536981