System Modeling Framework Being able to model complex systems is a core challenge facing the development of contemporary science. Due to their high degree of connectivity, emergent structures and dynamic nature, studying complex systems requires both a reassessment of the traditional mechanistic paradigm within science and a [...]
Game theoretic concepts apply whenever the actions of several agents are interdependent. These agents may be individuals, groups, firms, or any combination of these. The concepts of game theory provide a language to formulate, structure and analyz
The information revolution of the past couple of decades has switched the flow of information and ideas from slow, linear and scarce to fast, networked and pervasive, giving rise to the potential for a society where knowledge and its usage is the central resource; a new form of innovation economy based on knowledge and its application through information systems. Today the most important inputs to the core economic activities, of the most advanced economies, are widely distributed in the population
The information revolution is often identified as the most profound driver of change in our world today enabling an ongoing disruptive transformation in the deep structure to our Industrial Age social institutions as we move further into the 21st century. Information technology has unleashed the most radical force of our time, hyperconnectivity, that is reshaping all areas of our technology, economy and social institutions according to a new set of rules, those of access, network structure
The early days of the internet - when we were still imagining what the future information society might look like - have given way to the new reality of social platforms, as online digital platforms have risen to dominate social interaction on the internet.
From communism to capitalism and virtually every kind of socio-economic system of organization in-between there has been the same underlining principle, that only formal closed institutions could coordinate social systems and generate value at scale.
Globalization refers to a process of increased interconnectivity between people around the world. This interconnectivity creates greater interdependence, with this global interdependence then forming the foundations to some form of global organization. As such globalization should be understood not simply as increased connectivity but ultimately refer instead to t