Decoding Complexity: Uncovering Patterns in Economic Networks

Decoding Complexity: Uncovering Patterns in Economic Networks
ISBN-10
3642334245
ISBN-13
9783642334245
Category
Science
Pages
228
Language
English
Published
2012-11-08
Publisher
Springer Science & Business Media
Author
james glattfelder

Description

Today it appears that we understand more about the universe than about our interconnected socio-economic world. In order to uncover organizational structures and novel features in these systems, we present the first comprehensive complex systems analysis of real-world ownership networks. This effort lies at the interface between the realms of economics and the emerging field loosely referred to as complexity science. The structure of global economic power is reflected in the network of ownership ties of companies and the analysis of such ownership networks has possible implications for market competition and financial stability. Thus this work presents powerful new tools for the study of economic and corporate networks that are only just beginning to attract the attention of scholars.

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