Simply Complexity: A Clear Guide to Complexity Theory
Real-world Complex Systems contain collections of objects whose complicated overall interactions feature feedback and memory.
Neil F. Johnson • Simply Complexity: A Clear Guide to Complexity Theory
you have created a time-series which is chaotic.
Neil F. Johnson • Simply Complexity: A Clear Guide to Complexity Theory
to a traffic jam, which is the traffic equivalent of a market crash.
Neil F. Johnson • Simply Complexity: A Clear Guide to Complexity Theory
Even if a system has the same setup – in our case, the same systematic intern, the same rule for changing shelf, the same number of files and the same number of shelves – there can be a wide range of outputs, or in other words a wide range of dynamical behaviors. One such example is Chaos, but there are others.
Neil F. Johnson • Simply Complexity: A Clear Guide to Complexity Theory
Even though it is encouraging to have shown that relatively simple rules can give such phenomena, it in no way explains how a Complex System comprising many interacting parts, manages to produce such phenomena.
Neil F. Johnson • Simply Complexity: A Clear Guide to Complexity Theory
But one thing is for sure: there is a natural tendency for something that is ordered to become disordered as time goes by. In contrast, something that is disordered is highly unlikely to order itself without any additional help.
Neil F. Johnson • Simply Complexity: A Clear Guide to Complexity Theory
We have just uncovered a so-called fixed-point attractor of the system’s dynamics.