Complex System
Defined in 2 lectures. Each definition is in that lecture's terms.
Definitions are written by AI from each lecture’s transcript. The time opens the lecture where the lecturer explains it.
- The study of emergent behaviors when you have phenomena that are qualitatively different than that of the individual components that make up the system.24:18Making Sense of Chaos: A Better Economics for a Better WorldJ. Doyne Farmer & W. Brian Arthur · Santa Fe Institute
- A system composed of many interacting parts with features such as randomness, numerosity, feedback loops, and emergent properties.