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This paper discusses serious drawbacks of existing knowledge in macroeconomics and finance in explaining and predicting economic and financial phenomena. Complexity science is proposed as an alternative approach to be used in order to…

General Economics · Economics 2022-01-03 Thitithep Sitthiyot

Traditional methods in educational research often fail to capture the complex and evolving nature of learning processes. This chapter examines the use of complex systems theory in education to address these limitations. The chapter covers…

Computers and Society · Computer Science 2025-02-03 Mohammed Saqr , Daryn Dever , Sonsoles López-Pernas , Christophe Gernigon , Gwen Marchand , Avi Kaplan

Complexity is an interdisciplinary concept which, first of all, addresses the question of how order emerges out of randomness. For many reasons matrices provide a very practical and powerful tool in approaching and quantifying the related…

Soft Condensed Matter · Physics 2008-12-18 S. Drozdz , J. Kwapien , J. Speth , M. Wojcik

Complexity is an inherent attribute of any project. The purpose of defining and documenting complexity is to have an early warning tool allowing a project team to focus on certain areas and aspects of the project in order to prevent and…

Software Engineering · Computer Science 2015-12-25 Alexei Botchkarev , Patrick Finnigan

This chapter serves as an introduction to systems engineering focused on the broad issues surrounding realizing complex integrated systems. What is a system? We pose a number of possible definitions and perspectives, but leave open the…

Systems and Control · Electrical Eng. & Systems 2025-08-18 John W. Sheppard

The global availability of communication services makes it possible to interconnect independently developed systems, called constituent systems, to provide new synergistic services and more efficient economic processes. The characteristics…

Software Engineering · Computer Science 2013-11-15 Hermann Kopetz

The term complexity derives etymologically from the Latin plexus, which means interwoven. Intuitively, this implies that something complex is composed by elements that are difficult to separate. This difficulty arises from the relevant…

Other Computer Science · Computer Science 2011-09-02 Carlos Gershenson

This introductory paper is structured in the form of an "interview", where the author answers the following questions: Why did you begin working with complex systems? How would you define complexity? What is your favourite aspect/concept of…

Adaptation and Self-Organizing Systems · Physics 2007-05-23 Francis Heylighen

The question What is Complexity? has occupied a great deal of time and paper over the last 20 or so years. There are a myriad different perspectives and definitions but still no consensus. In this paper I take a phenomenological approach,…

Adaptation and Self-Organizing Systems · Physics 2015-02-12 Christopher R. Stephens

We review possible measures of complexity which might in particular be applicable to situations where the complexity seems to arise spontaneously. We point out that not all of them correspond to the intuitive (or "naive") notion, and that…

Data Analysis, Statistics and Probability · Physics 2012-08-20 Peter Grassberger

Our technologies complexify our environments. Thus, new technologies need to deal with more and more complexity. Several efforts have been made to deal with this complexity using the concept of self-organization. However, in order to…

Adaptation and Self-Organizing Systems · Physics 2007-05-23 Carlos Gershenson

In this paper the author presents some non-conventional thoughts on the complexity of the Universe and the algorithmic reproducibility of the human brain, essentially sparked off by the notion of algorithmic complexity. We must warn that…

History and Overview · Mathematics 2007-05-23 Germano D'Abramo

Complexity is a multi-faceted phenomenon, involving a variety of features including disorder, nonlinearity, and self-organisation. We use a recently developed rigorous framework for complexity to understand measures of complexity. We…

Adaptation and Self-Organizing Systems · Physics 2020-09-22 Karoline Wiesner , James Ladyman

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

The last few years has seen a growing debate about techniques for managing uncertainty in AI systems. Unfortunately this debate has been cast as a rivalry between AI methods and classical probability based ones. Three arguments for…

Artificial Intelligence · Computer Science 2013-04-15 John Fox

Computer-based modelling and simulation have become useful tools to facilitate humans to understand systems in different domains, such as physics, astrophysics, chemistry, biology, economics, engineering and social science. A complex system…

Artificial Intelligence · Computer Science 2021-02-03 Xing Su , Yan Kong , Weihua Li

Scientists have demonstrated that quantum computing has presented novel approaches to address computational challenges, each varying in complexity. Adapting problem-solving strategies is crucial to harness the full potential of quantum…

Computational Complexity · Computer Science 2024-09-13 Arash Vaezi , Ali Movaghar , Mohammad Ghodsi , Seyed Mohammad Hussein Kazemi , Negin Bagheri Noghrehy , Seyed Mohsen Kazemi

Complexity remains one of the central challenges in science and technology. Although several approaches at defining and/or quantifying complexity have been proposed, at some point each of them seems to run into intrinsic limitations or…

Other Computer Science · Computer Science 2021-10-05 Luciano da F. Costa , Guilherme S. Domingues

This chapter reviews the purpose and use of models from the field of complex systems and, in particular, the implications of trying to use models to understand or make decisions within complex situations, such as policy makers usually face.…

Multiagent Systems · Computer Science 2013-11-25 Bruce Edmonds , Carlos Gershenson

All natural things process and transform information. They receive environmental information as input, and transform it into appropriate output responses. Much of science is dedicated to building models of such systems -- algorithmic…

Quantum Physics · Physics 2017-02-14 Jayne Thompson , Andrew J. P. Garner , Vlatko Vedral , Mile Gu
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