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Self-Reinforcing Mechanisms and Complex Economic Dynamics

In: Positive Feedback Economies

Author

Listed:
  • Elettra Agliardi

    (University of Bologna
    Churchill College)

Abstract

There is no general agreement as to what constitutes a complex system. The term itself has been used in different contexts: it can signify systems with chaotic dynamics; it can also refer to cellular automata, ‘neural’ networks, adaptive algorithms, disordered many-body systems, pattern-forming systems and so on. Systems that one often thinks of as complex originated in different areas of science: physics, chemistry, biology, computer science, mathematics, phsychology and economics. These systems share some properties which makes them ‘complex’.

Suggested Citation

  • Elettra Agliardi, 1998. "Self-Reinforcing Mechanisms and Complex Economic Dynamics," Palgrave Macmillan Books, in: Positive Feedback Economies, chapter 1, pages 5-20, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37621-2_2
    DOI: 10.1057/9780230376212_2
    as

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