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Rescooped by Eugene Ch'ng from Complex Insight - Understanding our world
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Complexity and the madness of crowds – lessons from disaster prevention

Complexity and the madness of crowds – lessons from disaster prevention | Information, Complexity, Computation | Scoop.it

Recent debates about the crisis vulnerability of international financial networks indicate that in economics complexity is still a widely misunderstood concept. Great post on comparing financial trading with the behaviour of crowds. Worth reading - click on image or title for more info.


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Rescooped by Eugene Ch'ng from Complex Insight - Understanding our world
Scoop.it!

Bubbles and Busts: Macroeconomics Could Benefit From Complexity

Nice over view article on why complexity (or complex systems) can help economics and the challenges that still remain before complex systems based approaches become mainstream in economics thinking. Click on title to learn more.


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