Capitalism as a complex adaptive system and its growth

Capitalism as a complex adaptive system and its growth

Complex adaptive systems consist of a multitude of agents from whose individual adaptation efforts the adaptive behavior of the system as a whole emerges. In this paper it will be argued that capitalism is a complex adaptive system. Except for its particular mode of production many of its features are typical for such a system. A case in point is the way in which economic growth emerges as a co...

Language as a Complex Adaptive System

The paper surveys recent work on modeling the origins of communication systems in groups of autonomous distributed agents. It is shown that five principles gleaned from biology are crucial: reinforcement learning, selforganisation, selectionism, co-evolution through structural coupling, and level formation. Official reference: Steels, L. (2000) Language as a complex adaptive system. Lecture Not...

Innovation as a complex adaptive system

The Economy as a Complex Adaptive System

This chapter argues that the economic system is best perceived as a complex adaptive system, and as such, the traditional analytical methods of economics are not optimal for its study. Agent-based computational economics (ACE) studies the economic system from the bottom up and recognizes interaction between autonomous agents as the central mechanism in generating the self-organizing features of...

Metathesis: Language as a Complex Adaptive System

It is now well understood that language use shapes the acoustic delivery of phonological patterns and, in particular, phonological change. One example of this type of language change-under-use is metathesis, the reversal of the expected linear ordering of sounds. The gradual transformation of chipotle to chipolte, a Spanish import, is an example of metathetic change in American English. The Gen...