Title: Researches on Emergence and Evolution of Economy--In the View of Complexity Sciences
Abstract: Emergence and evolution are the two basic concepts that play important roles in the complexity science. They are analyzed in the first place, according to some facts which showed in the process of economic development. Emergence means the formation of equilibrium, and evolution means the transition of equilibrium. The emergences of new steady structures form the stages of the whole evolutionary process of economy, therefore,the evolution of economic systems has the characteristics called punctuated equilibriumand path dependence.Furthermore, it is pointed out that, as a special kind of complex adaptive systems, economic systems are of multi-hierarchical networks of rules that have the character of levels. At last, several problems for further study are proposed.
Publication Year: 2004
Publication Date: 2004-01-01
Language: en
Type: article
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