Sublime

John Holland,

But how are plausible new hypotheses generated? 7.

Complex systems exhibit several kinds of telltale behaviour.

real markets involve diverse traders of bounded rationality, with different agents employing different strategies.

Building blocks come into play at this point. It has been observed that innovation in CAS is mostly a matter of combining well-known components in new ways.

‘more is different’ (also discussed in Waldrop’s classic,

adaptive interaction, where interacting agents (as in markets or the Prisoner’s Dilemma) modify their strategies in diverse ways as experience accumulates.

analysis depends upon methods for discovering and exploiting recurring patterns in generated systems.