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The complexity perspective on business and organisations

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Presentation on theme: "The complexity perspective on business and organisations"— Presentation transcript:

1 The complexity perspective on business and organisations
Nigel Gilbert Centre for Research on Social Simulation University of Surrey Guildford, UK

2 Principles The micro and the macro Interaction Emergence Evolution

3 Micro and macro macro bodies firms sectors nations market micro organs
people cities traders

4 Simple economics re-thought
Epstein JM, and R Axtell. Growing artificial societies: social science from the bottom up. Cambridge, MA: MIT Press, 1996.

5 Examples of successes Supply chain management Traffic modelling
Regulated markets Electricity, gas, telecom, Environmental resource management Water, land use Innovation and R&D policy

6 Interaction and emergence
Simple rules lead to simple (or complicated) phenomena Interaction leads to emergence Variation and selection leads learning Complex adaptive systems

7 Downward causation and immergence

8 Explanation “If you can’t generate it, you haven’t explained it”
Path dependency Point predictions are rarely possible, but Distributions Ranges Scenarios Attractors may be

9 Implications Thinking about the social world and business has been over-reliant on linear models The complexity perspective can be enlightening in explaining Positive feedbacks and network effects Why things rarely repeat themselves exactly The link between individual action and society

10 More information from…
European Social Simulation Association


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