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Why is the economy “complex”? For all the recent advances in the management sciences, businesses today face markets 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...
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Complex adaptive systems are a special kind of self-organizing system with emergent properties and adaptive capacity in response to changing external conditions. In this article, we investigate the proposition that international environmental law, as a network of treaties and institutions,...
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This paper develops a baseline agent-based macroeconomic model and contrasts it with the common dynamic stochastic general equilibrium approach. Although simple, the model can reproduce a lot of the stylized facts of business cycles. The author argues that agent-based modeling is an adequate...
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In the contemporary era, issues that emerged in ethics is not just simply a matter of quality of one's behavior toward other people directly, but also new issues like bioethics, nuclear, technology in general, environmental crisis, etc. This paper is to discuss new issues that emerge in...
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Purpose This research presents an ontological model, to communicate the impact of dynamic preconditions for peri-urban communities. As such, this paper approaches perturbation communities as social-complex-adaptive-systems. Design/methodology/approach Previous assessment of dynamic preconditions...
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