Complexity and the economy
By W. Arthur. Science, 2014
1,191 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/231af3ac72e3c5b05372ff045874d8302c90ff79
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
- Jean-François Mercure
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- N. Edwards
Citations in the corpus
- Sustainability and Resilience: Toward a Systems Approach (2006, background): “The concept of resilience has emerged as a critical characteristic of complex, dynamic systems in a range of disciplines including economics (Arthur, 1999), ecology (Folke et al.”
- Modelling complex systems of heterogeneous agents to better design sustainability transitions policy (2015, background): “…cannot be predicted, they almost always lie within known bounds, over which statistics can be developed when considering large groups of people (as for physical particles – e.g. the multinomial logit in social sciences is conceptually identical to the Boltzmann factor in statistical physics).”
- Social-ecological systems as complex adaptive systems: organizing principles for advancing research methods and approaches (2018, background): “The notion of complexity, seen as a systems property, expands on the ideas of systems thinking, and has been studied from a variety of perspectives (Bateson 1979, Prigogine and Stengers 1984, Rosen 1991, Holland 1995, Cilliers 1998, Arthur 1999, Levin 1999, Morin 2008).”
- Transaction costs, collective action and adaptation in managing complex social–ecological systems (2013, background): “The equilibrium that eventuates can be highly sensitive to any one of many small ‘random’ contingencies the occurrence and/or significance of which cannot be foreseen (Arthur 1999).”
- Service-dominant logic 2025 (2017, background): “As stated, we are encouraged by what is becoming known as “complexity economics” (Arthur, 2015), because it allows for the study of economic and social actors under more realistic assumptions, such as non-linearity, actor created rules that can become law-like through institutionalization, within a…”
- Engineering Competence? An Interpretive Investigation of Engineering Students' Professional Formation (2011, background): “Arthur (1999) advocates that a complex system should be influenced “not by a heavy hand, not an invisible hand, but a nudging hand.””