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In this chapter the complex systems are discussed in the context of economic and business policy and decision making. It will be showed and motivated that social systems are typically chaotic, non-linear and/or non-equilibrium and therefore…

General Finance · Quantitative Finance 2015-03-20 Robert Kitt

Models to mimic the transmission of information in financial markets are introduced. As an attempt to generate the demand process, we distinguish between dictatorship associations, where groups of agents rely on one of them to make…

adap-org · Physics 2009-10-31 R. d'Hulst , G. J. Rodgers

A century ago, John Dewey observed that '[s]team and electricity have done more to alter the conditions under which men associate together than all the agencies which affected human relationships before our time'. In the last few decades,…

Computers and Society · Computer Science 2024-10-29 Seth Lazar

Human collective intelligence has proved itself as an important factor in a society's ability to accomplish large-scale behavioral feats. As societies have grown in population-size, individuals have seen a decrease in their ability to…

Computers and Society · Computer Science 2008-05-23 Marko Rodriguez

The discussions around the unsustainability of the dominant socio-economic structures have yet to produce solutions to address the escalating problems we face as a species. Such discussions, this paper argues, are hindered by the limited…

Systems and Control · Electrical Eng. & Systems 2025-09-16 Chris Giotitsas , Pedro H. J. Nardelli , Vasilis Kostakis , Arun Narayanan

Divisiveness appears to be increasing in much of the world, leading to concern about political violence and a decreasing capacity to collaboratively address large-scale societal challenges. In this working paper we aim to articulate an…

Social and Information Networks · Computer Science 2023-07-25 Aviv Ovadya , Luke Thorburn

Social media sites are often guided by a core group of committed users engaged in various forms of governance. A crucial aspect of this type of governance is deliberation, in which such a group reaches decisions on issues of importance to…

Physics and Society · Physics 2010-04-22 Jure Leskovec , Daniel Huttenlocher , Jon Kleinberg

Democracies employ elections at various scales to select officials at the corresponding levels of administration. The geographical distribution of political opinion, the policy issues delegated to each level, and the multilevel interactions…

Applications · Statistics 2022-11-03 Sihao Huang , Alexander F. Siegenfeld , Andrew Gelman

Hierarchy is an efficient way for a group to organize, but often goes along with inequality that benefits leaders. To control despotic behaviour, followers can assess leaders decisions by aggregating their own and their neighbours…

Populations and Evolution · Quantitative Biology 2018-06-29 Cedric Perret , Simon T. Powers , Jeremy Pitt , Emma Hart

A reflection of our ultimate understanding of a complex system is our ability to control its behavior. Typically, control has multiple prerequisites: It requires an accurate map of the network that governs the interactions between the…

Systems and Control · Computer Science 2016-09-21 Yang-Yu Liu , Albert-Laszló Barabási

We consider the prisoner's dilemma being played repeatedly on a dynamic network, where agents may choose their actions as well as their co-players. This leads to co-evolution of network structure and strategy patterns of the players.…

Physics and Society · Physics 2007-06-26 Christoly Biely , Klaus Dragosits , Stefan Thurner

The ability of groups to make accurate collective decisions depends on a complex interplay of various factors, such as prior information, biases, social influence, and the structure of the interaction network. Here, we investigate a spin…

Physics and Society · Physics 2025-03-20 Yunus Sevinchan , Petro Sarkanych , Abi Tenenbaum , Yurij Holovatch , Pawel Romanczuk

Humans communicate using systems of interconnected stimuli or concepts -- from language and music to literature and science -- yet it remains unclear how, if at all, the structure of these networks supports the communication of information.…

Physics and Society · Physics 2020-03-27 Christopher W. Lynn , Lia Papadopoulos , Ari E. Kahn , Danielle S. Bassett

The way that people make choices or exhibit preferences can be strongly affected by the set of available alternatives, often called the choice set. Furthermore, there are usually heterogeneous preferences, either at an individual level…

Computer Science and Game Theory · Computer Science 2020-08-04 Kiran Tomlinson , Austin R. Benson

Dynamical networks are important models for the behaviour of complex systems, modelling physical, biological and societal systems, including the brain, food webs, epidemic disease in populations, power grids and many other. Such dynamical…

Chaotic Dynamics · Physics 2017-03-27 Deniz Eroglu , Jeroen Lamb , Tiago Pereira

During an epidemic, the information available to individuals in the society deeply influences their belief of the epidemic spread, and consequently the preventive measures they take to stay safe from the infection. In this paper, we develop…

Systems and Control · Electrical Eng. & Systems 2022-07-26 Shraddha Pathak , Ankur A. Kulkarni

Social media platforms connect billions, but their business models often amplify societal harm through misinformation, which is linked to polarization, violence, and declining mental health. Current governance frameworks, such as the U.S.…

Computers and Society · Computer Science 2026-02-24 Christoph Mueller-Bloch , Raffaele Ciriello

The complexity of human behaviour can lead to very unpredictable patterns in social activity and structure. Here we demonstrate the instability of a community network controlled by majority ruling, where an element adopts the most popular…

Cellular Automata and Lattice Gases · Physics 2016-05-17 V. F. Kusmartsev , F. V. Kusmartsev

When evolutionary games are contested in structured populations, the degree of each player in the network plays an important role. If they exist, hubs often determine the fate of the population in remarkable ways. Recent research based on…

Physics and Society · Physics 2016-04-15 Attila Szolnoki , Matjaz Perc

An emerging paradigm proposes that neural computations can be understood at the level of dynamical systems that govern low-dimensional trajectories of collective neural activity. How the connectivity structure of a network determines the…

Neurons and Cognition · Quantitative Biology 2021-05-28 Manuel Beiran , Alexis Dubreuil , Adrian Valente , Francesca Mastrogiuseppe , Srdjan Ostojic