The Economy As An Evolving Complex System II

The Economy As An Evolving Complex System II PDF Author: W. Brian Arthur
Publisher: CRC Press
ISBN: 0429976267
Category : Mathematics
Languages : en
Pages : 437

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Book Description
A new view of the economy as an evolving, complex system has been pioneered at the Santa Fe Institute over the last ten years, This volume is a collection of articles that shape and define this view?a view of the economy as emerging from the interactions of individual agents whose behavior constantly evolves, whose strategies and actions are always adapting.The traditional framework in economics portrays activity within an equilibrium steady state. The interacting agents in the economy are typically homogenous, solve well-defined problems using perfect rationality, and act within given legal and social structures. The complexity approach, by contrast, sees economic activity as continually changing?continually in process. The interacting agents are typically heterogeneous, they must cognitively interpret the problems they face, and together they create the structures?markets, legal and social institutions, price patters, expectations?to which they individually react. Such structures may never settle down. Agents may forever adapt and explore and evolve their behaviors within structures that continually emerge and change and disappear?structures these behaviors co-create. This complexity approach does not replace the equilibrium one?it complements it.The papers here collected originated at a recent conference at the Santa Fe Institute, which was called to follow up the well-known 1987 SFI conference organized by Philip Anderson, Kenneth Arrow, and David Pines. They survey the new study of complexity and the economy. They apply this approach to real economic problems and they show the extent to which the initial vision of the 1987 conference has come to fruition.

The Economy As An Evolving Complex System II

The Economy As An Evolving Complex System II PDF Author: W. Brian Arthur
Publisher: CRC Press
ISBN: 0429976267
Category : Mathematics
Languages : en
Pages : 437

Get Book Here

Book Description
A new view of the economy as an evolving, complex system has been pioneered at the Santa Fe Institute over the last ten years, This volume is a collection of articles that shape and define this view?a view of the economy as emerging from the interactions of individual agents whose behavior constantly evolves, whose strategies and actions are always adapting.The traditional framework in economics portrays activity within an equilibrium steady state. The interacting agents in the economy are typically homogenous, solve well-defined problems using perfect rationality, and act within given legal and social structures. The complexity approach, by contrast, sees economic activity as continually changing?continually in process. The interacting agents are typically heterogeneous, they must cognitively interpret the problems they face, and together they create the structures?markets, legal and social institutions, price patters, expectations?to which they individually react. Such structures may never settle down. Agents may forever adapt and explore and evolve their behaviors within structures that continually emerge and change and disappear?structures these behaviors co-create. This complexity approach does not replace the equilibrium one?it complements it.The papers here collected originated at a recent conference at the Santa Fe Institute, which was called to follow up the well-known 1987 SFI conference organized by Philip Anderson, Kenneth Arrow, and David Pines. They survey the new study of complexity and the economy. They apply this approach to real economic problems and they show the extent to which the initial vision of the 1987 conference has come to fruition.

A New Dynamic - Effective Business in a Circular Economy

A New Dynamic - Effective Business in a Circular Economy PDF Author: Amory Lovins
Publisher:
ISBN: 9780992778415
Category : Economic development
Languages : en
Pages : 172

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Book Description
Upward trending and volatile materials and energy prices, difficult credit conditions and the myriad opportunities of the digital revolution are combining to make a circular economy the key value driver for the coming decades. A New Dynamic makes the contemporary case for a profound shift from throughput to 'roundput', from ownership to access. The circular economy is enabled by disruptive information technology and the design of materials and products to flow in effective cycles and at high quality - 'made to be made again'. The size of the prize is in the billions of dollars of materials cost savings per year. A New Dynamic features some of the leading writers and practitioners in the field including Walter Stahel, Michael Braungart, Amory Lovins and Chris Tuppen. The volume contains contributions on understanding the model, business case studies, the performance economy, history and development and the entrepreneurial opportunities of these fluid times. This book is a mandated reader for the MBA in Innovation, Enterprise and the Circular Economy at Bradford University School of Management.

Dynamic Reteaming

Dynamic Reteaming PDF Author: Heidi Helfand
Publisher: "O'Reilly Media, Inc."
ISBN: 1492061247
Category : Business & Economics
Languages : en
Pages : 223

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Book Description
Your team will change whether you like it or not. People will come and go. Your company might double in size or even be acquired. In this practical book, author Heidi Helfand shares techniques for reteaming effectively. Engineering leaders will learn how to catalyze team change to reduce the risk of attrition, learning and career stagnation, and the development of knowledge silos. Based on research into well-known software companies, the patterns in this book help CTOs and team managers effectively integrate new hires into an existing team, manage a team that has lost members, or deal with unexpected change. You’ll learn how to isolate teams for focused innovation, rotate team members for knowledge sharing, break through organizational apathy, and more. You’ll explore: Real-world examples that demonstrate why and how organizations reteam Five reteaming patterns: One by One, Grow and Split, Isolation, Merging, and Switching Tactics to help you master dynamic reteaming in your company Stories that demonstrate problems caused by reteaming anti-patterns

The Circular Economy

The Circular Economy PDF Author: Ken Webster
Publisher: Ellen MacArthur Foundation Publishing
ISBN: 9780992778460
Category :
Languages : en
Pages :

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Book Description
This book provides an overview of a circular economy. This model has profound consequences for production, employment, education, money & finance but also induces a shift in public policy and taxation. Its economic advantage lies in designing out waste and favouring radical resource productivity with the prospect of rebuilding capital & resilience.

Modeling and Analysis of Dynamic Systems

Modeling and Analysis of Dynamic Systems PDF Author: Charles M. Close
Publisher: John Wiley & Sons
ISBN: 0471394424
Category : Technology & Engineering
Languages : en
Pages : 592

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Book Description
The third edition of Modeling and Anaysis of Dynamic Systems continues to present students with the methodology applicable to the modeling and analysis of a variety of dynamic systems, regardless of their physical origin. It includes detailed modeling of mechanical, electrical, electro-mechanical, thermal, and fluid systems. Models are developed in the form of state-variable equations, input-output differential equations, transfer functions, and block diagrams. The Laplace transform is used for analytical solutions. Computer solutions are based on MATLAB and Simulink. Examples include both linear and nonlinear systems. An introduction is given to the modeling and design tools for feedback control systems. The text offers considerable flexibility in the selection of material for a specific course. Students majoring in many different engineering disciplines have used the text. Such courses are frequently followed by control-system design courses in the various disciplines.

Dynamic Manufacturing

Dynamic Manufacturing PDF Author: Robert H. Hayes
Publisher: Simon and Schuster
ISBN: 0029142113
Category : Industries
Languages : en
Pages : 456

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Book Description
Writing for general managers, the authors go beyond manufacturing structural decisions to actually changing the infrastructure of a manufacturing company--the leadership and vision, the policies and practices that are vital to creating superior factories and a dynamic learning continuum.

Dynamic Modeling of Transport Process Systems

Dynamic Modeling of Transport Process Systems PDF Author: C. A. Silebi
Publisher: Elsevier
ISBN: 0080925820
Category : Technology & Engineering
Languages : en
Pages : 533

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Book Description
This book presents a methodology for the development and computer implementation of dynamic models for transport process systems. Rather than developing the general equations of transport phenomena, it develops the equations required specifically for each new example application. These equations are generally of two types: ordinary differential equations (ODEs) and partial differential equations (PDEs) for which time is an independent variable. The computer-based methodology presented is general purpose and can be applied to most applications requiring the numerical integration of initial-value ODEs/PDEs. A set of approximately two hundred applications of ODEs and PDEs developed by the authors are listed in Appendix 8.

Dynamic Scheduling with Microsoft Project 2010

Dynamic Scheduling with Microsoft Project 2010 PDF Author: Rodolfo Ambriz
Publisher: J. Ross Publishing
ISBN: 1604270616
Category : Business & Economics
Languages : en
Pages : 834

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Book Description
Through the use of best practices, helpful screen shots, hands-on exercises, and review questions, this book instructs you on how to build dynamic schedules with Microsoft Project 2010 that will allow you to explore 'what if?' scenarios and decrease the time you spend making static schedule changes.

Farming Systems Research into the 21st Century: The New Dynamic

Farming Systems Research into the 21st Century: The New Dynamic PDF Author: Ika Darnhofer
Publisher: Springer
ISBN: 9789401783576
Category : Technology & Engineering
Languages : en
Pages : 0

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Book Description
Farming Systems Research has three core characteristics: it builds on systems thinking, it depends on the close collaboration between social and biophysical sciences, and it relies on participation to build co-learning processes. Farming Systems Research posits that to contribute towards sustainable rural development, both interdisciplinary collaborations and local actor engagement are needed. Together, they allow for changes in understanding and changes in practices. This book gives an overview of the insights generated in 20 years of Farming Systems Research. It retraces the emergence and development of Farming Systems Research in Europe, summarises the state-of-the-art for key areas, and provides an outlook on new explorations, especially those tackling the dynamic nature of farming systems and their interaction with the natural environment and the context of action.

Intelligent Agents and Multi-Agent Systems

Intelligent Agents and Multi-Agent Systems PDF Author: Bui The Duy
Publisher: Springer Science & Business Media
ISBN: 3540896732
Category : Computers
Languages : en
Pages : 418

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Book Description
PRIMA 2008 was the 11th in a series of conferences gathering researchers - voted to developing intelligent agents and multi-agent technologies from Asia and the Paci?c regions. From its ?rst incarnation over a decade ago, PRIMA has emerged as a signi?cant international forum, facilitating the exchange and dissemination of innovative research from around the globe. PRIMA 2008 was held in Vietnam, a tribute to this country’s emerging s- enti?c vitality and importance as a developing innovation center. The Program Committee received 56 submissions from 20 countries. Many of these papers are the work of PhD or Masters students from Asian countries including - rea, Japan, Indonesia, Malaysia, Iran, India, and Vietnam. In accordance with the rules, each submission was carefully peer-reviewed by three Program C- mittee referees. Only 19 submissions were accepted as regular papers, with a competitive rate of 33%. Additionally, the Program Committee decided to accept 22 short papers mainly written by graduate students, allowing our young colleagues an opp- tunity to present their work and new perspectives. These fresh perspectives enhanced our experienced of the conference and complemented the high quality of the professional papers submitted.