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A Subjective Measure of Complexity

Author

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  • Guido Fioretti

    (International Institute for Applied Systems Analysis, Laxenburg, Austria)

Abstract

This article presents a quantitative measure of complexity, subjectively understood as a property of the relationship between a system and its observer instead of as a property of the system itself. Within this framework, complexity is quantified by assuming to know the mental categories and the mental model by which a system is represented in the mind of its observer.It is argued that this subjectivist concept of complexity is not in contrast with objective measures of complexity introduced in particular domains, but generalizes complexity to domains where no objective measure is feasible. An extensive numerical example is presented and thoroughly discussed.

Suggested Citation

  • Guido Fioretti, 1999. "A Subjective Measure of Complexity," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 2(04), pages 349-370.
  • Handle: RePEc:wsi:acsxxx:v:02:y:1999:i:04:n:s0219525999000187
    DOI: 10.1142/S0219525999000187
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    Cited by:

    1. Guido Fioretti, 2005. "A Model of Primary and Secondary Waves in Investment Cycles," Computational Economics, Springer;Society for Computational Economics, vol. 24(4), pages 357-381, June.
    2. Guido Fioretti, 2005. "Credit Rationing and Internal Ratings in the face of Innovation and Uncertainty," Finance 0504021, University Library of Munich, Germany.

    More about this item

    Keywords

    Mental categories; mental models;

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