Topic
Complex adaptive system
About: Complex adaptive system is a research topic. Over the lifetime, 3190 publications have been published within this topic receiving 111947 citations. The topic is also known as: Complex adaptive system, CAS.
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31 Jan 2003
TL;DR: In this article, an abstract machine model is proposed as the necessary precursor for demonstrating this conjecture and establishes the dynamic laws as the basis for a special theory of emergence applied to the global behavior and control of complex adaptive systems.
Abstract: Recent work applying statistical mechanics to economic modeling has demonstrated the effectiveness of using thermodynamic theory to address the complexities of large scale economic systems. Transaction-based control systems depend on the conjecture that when control of thermodynamic systems is based on price-mediated strategies (e.g., auctions, markets), the optimal allocation of resources in a market-based control system results in an emergent optimal control of the thermodynamic system. This paper proposes an abstract machine model as the necessary precursor for demonstrating this conjecture and establishes the dynamic laws as the basis for a special theory of emergence applied to the global behavior and control of complex adaptive systems. The abstract machine in a large system amounts to the analog of a particle in thermodynamic theory. The permit the establishment of a theory dynamic control of complex system behavior based on statistical mechanics. Thus we may be better able to engineer a few simple control laws for a very small number of devices types, which when deployed in very large numbers and operated as a system of many interacting markets yields the stable and optimal control of the thermodynamic system.
16 citations
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TL;DR: In this paper, the authors argue that modern evolutionary economics is at a crossroads, moving away from the traditional focus of the operation of selection mechanisms and towards concepts of complex adaptive systems and self-organisation.
Abstract: This book takes up the challenge of developing an empirically based foundation for evolutionary economics built upon complex system theory. The authors argue that modern evolutionary economics is at a crossroads. At a theoretical level, modern evolutionary economics is moving away from the traditional focus of the operation of selection mechanisms and towards concepts of ‘complex adaptive systems' and self-organisation. On an applied level, new and innovative methods of empirical research are being developed and considered. The contributors take up this challenge and examine aspects of complexity and evolution in applied contexts.
16 citations
TL;DR: An attempt within the Danish Crime Prevention Council to improve adaptive capability is described and it is suggested that the complex adaptive system perspective can be enriched by an institutional theory.
Abstract: This article describes an attempt within the Danish Crime Prevention Council to improve adaptive capability. The article applies a complex adaptive system perspective and analyses the organizational identities of the Council to determine how processes of integration, differentiation and fragmentation influence adaptive capability. The findings emphasize the importance of path dependency in actor's attempts to adapt. Based on this finding, the article suggests that the complex adaptive system perspective can be enriched by an institutional theory.
16 citations
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TL;DR: In this paper, the authors present a methodological approach for sustainable cluster development based on previous industry wide investigations, where SME development becomes arguably the most significant player with regards to industry cluster development.
Abstract: In a highly competitive global economy the development of sustainable, innovative responses from Industry is now vital. Many industries globally need to respond rather than react to current economic climate through sustainable (economically and environmentally) development. The steel industry is a critical player in the urban landscape. Like many industries, small, medium enterprises (SMEs) are vital players within the steel industry supply chain. The Australian SME steel housing sector (based in rural and regional areas) are still developing systemic capabilities with the aim of realizing its full potential. The question of an effective sustainable industry is much larger than any one player.This paper aims to present a proposed methodological approach for sustainable cluster development based on previous industry wide investigations. Through the lens of scalability of a socio complex adaptive system, SME development becomes arguably the most significant player with regards to industry cluster development. By starting with SME development it’s possible to build an understanding of a simultaneous two layered approach, “bottom up – top down” whilst including a very diversified group.
16 citations