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Written in an informal and conversational style, " The Self-Organizing Economy shows how models of self-organization, "order from stability," can be applied to economic phenomenon. This concept, which has become increasingly influential in the last few years, can explain the formation of cities and business cycles. The book includes powerful insights of conventional economic analysis and strands from many disciplines, from location theory to biology, to create a surprising new view of how the economy forms structures in space and time.
The Self-Organizing Economy In the last few years the concept of self-organizing systems—complex systems in which randomness and chaos seem spontaneously to evolve into unexpected order—has linked together researchers in many fields, from artificial intelligence to chemistry, from evolution to geology. Now leading economist Paul Krugman shows how principles that explain the growth of hurricanes and embryos can also explain the formation of cities and business cycles; how the same principles of “order from random growth” can explain the strangely simple rules that describe the sizes of earthquakes, meteorites, and metropolitan areas. Weaving together strands from many disciplines, from location theory to biology, The Self-Organizing Economy offers a surprising new view of how the economy structures itself in space and time.
Krugman examines the course of economic geography and development theory to shed light on the nature of economic inquiry.
The paradigm of self-organisation is fundamental to theories of collective action in economic science and democratic governance in political science. Self-organisation in these social systems critically depends on voluntary compliance with conventional rules: that is, rules which are made up, mutually agreed, and modifiable 'on the fly'. How, then, can we use the self-organisation observed in such social systems as an inspiration for decentralised computer systems, which can face similar problems of coordination, cooperation and collaboration between autonomous peers?Self-Organising Multi-Agent Systems presents an innovative and systematic approach to transforming theories of economics and politics (and elements of philosophy, psychology, and jurisprudence) into an executable logical specification of conventional rules. It shows how sets of such rules, called institutions, provide an algorithmic basis for designing and implementing cyber-physical systems, enabling intelligent software processes (called agents) to manage themselves in the face of competition for scarce resources. It also provides a basis for implementing socio-technical systems with interacting human and computational intelligences in a way that is sustainable, fair and legitimate.This interdisciplinary book is essential reading for anyone interested in the 'planned emergence' of global properties, commonly-shared values or successful collective action, especially as a product of social construction, knowledge management and political arrangements. For those studying both computer science and social sciences, this book offers a radically new gateway to a transformative understanding of complex system development and social system modelling.Understanding how a computational representation of qualitative values like justice and democracy can lead to stability and legitimacy of socio-technical systems is among the most pressing software engineering challenges of modern times. This book can be read as an invitation to make the Digital Society better.Related Link(s)
Self-organized criticality, the spontaneous development of systems to a critical state, is the first general theory of complex systems with a firm mathematical basis. This theory describes how many seemingly desperate aspects of the world, from stock market crashes to mass extinctions, avalanches to solar flares, all share a set of simple, easily described properties. "...a'must read'...Bak writes with such ease and lucidity, and his ideas are so intriguing...essential reading for those interested in complex systems...it will reward a sufficiently skeptical reader." -NATURE "...presents the theory (self-organized criticality) in a form easily absorbed by the non-mathematically inclined reader." -BOSTON BOOK REVIEW "I picture Bak as a kind of scientific musketeer; flamboyant, touchy, full of swagger and ready to join every fray... His book is written with panache. The style is brisk, the content stimulating. I recommend it as a bracing experience." -NEW SCIENTIST
The wide-ranging implications of the shift to a sharing economy, a new model of organizing economic activity that may supplant traditional corporations.
Bolender's primary claim is that there exists a social pattern generator analogous to the central pattern generators associated with locomotion in many animal species. Spontaneous symmetry breaking structures the activity of the social pattern generator just as it does in central pattern generators. --
Complex system studies are a growing area of central importance to a wide range of disciplines, ranging from physics to politics and beyond. Adopting this interdisciplinary approach, Systems, Self-Organisation and Information presents and discusses a range of ground-breaking research in complex systems theory. Building upon foundational concepts, the volume introduces a theory of Self-Organization, providing definitions of concepts including system, structure, organization, functionality, and boundary. Biophysical and cognitive approaches to Self-Organization are also covered, discussing the complex dynamics of living beings and the brain, and self-organized adaptation and learning in computational systems. The convergence of Peircean philosophy with the study of Self-Organization also provides an original pathway of research, which contributes to a dialogue between pragmatism, semeiotics, complexity theory, and self-organizing systems. As one of the few interdisciplinary works on systems theory, relating Self-Organization and Information Theory, Systems, Self-Organisation and Information is an invaluable resource for researchers and postgraduate students interested in complex systems theory from related disciplines including philosophy, physics, and engineering.