Self-organization and design in capitalist economies

Journal of Economic Issues

Volumn 40, Issue 3, 2006, Pages 575-601

  Matutinović, Igor ^a  

^a GfK Group   (Germany)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 29844442893     PISSN: 00213624     EISSN: None     Source Type: Journal    
DOI: 10.1080/00213624.2006.11506936     Document Type: Review

References (72)

1. Adamic, Lada. "Zipf, Power-Laws and Pareto-A Ranking Tutorial." Internet Ecologies Area, Xerox Palo Alto Research Center, Calif., 2003. http://ginger.hpl.hp.com/shl/papers/ranking/.
2. Amaral, Luis A. N., S. V. Buldyrev, S. Havlin, M. A. Salinger, and H. E. Stanley. "Power Law Scaling for a System of Interacting Units with Complex Internal Structure." Phys. Rev. Lett. 80, no. 7 (1998): 1385-1388.
3. Andergassen, Rainer. "Investment, Growth, and Economic Fluctuations: A Self-Organized Criticallity Approach." Quaderni 18 (April 2001): 1-48.
4. Arenas, A., A. Diaz-Guilera, C. J. Pérez, and F. Vega-Redondo. "Self-Organized Criticality in Evolutionary Systems with Local Interaction." Journal of Economic Dynamics and Control 26, no. 12 (2002): 2115-2142.
5. Arthur, Brian W. "Complexity and the Economy." Science 284, no. 5411 (1999): 107-109.
6. Arthur, Brian W., S. N. Durlauf, and D. Lane. The Economy as an Evolving Complex System 11. Santa Fe Institute Studies in the Sciences of Complexity. Reading, Mass.: Addison Wesley &. Longman, 1997.
7. Ausloos, Marcel, Janusz Miskiewicz, and Michéle Sanglier. "The Durations of Recession and Prosperity: Does Their Distribution Follow a Power or an Exponential Law?" Physica A 339, 3-4 (2004): 548-558.
8. Axtell, Robert L "Zipf Distribution of US Firm Sizes." Science 293 (2001): 1818-1820.
9. Bak, Per. How Nature Works: The Science of Self-Organized Criticality. New York: Copernicus, 1996.
10. Bak, Per, and Khan Chen. "Self-Organized Criticality." Scientific American 264, no. 1 (1991): 26-33.
11. Bak, Per, Khan Chen, José Schneikman, and Michael Woodford. "Aggregate Fluctuations from Independent Shocks: Self Organized Criticallity in a Model of Production and Inventory Dynamics." Ricerche Economiche 47, no. 1 (1993): 3-30.
12. Bak, Per, Chao Tang, and Kurt Wiesenfeld. "Self-Organized Criticality." Physical Review A 38, no. 1 (1988): 364-374.
13. Bartholomew, D. J. Stochastic Models for Social Processes, 2d ed. London: John Wiley & Sons, 1973.
14. Brock, W. A. "Scaling in Economics: A Reader s Guide." Industrial and Corporate Change 8 (1999): 409-446.
15. Bender, Edward A. An Introduction to Mathematical Modeling. Mineola, N.Y.: Dover Publications, 2000.
16. Berend, Ivan T., and György Ränki. The European Periphery and Industrialization: 1780-1914. Budapest: 1982.
17. Buchanan, Mark. Ubiquity: The Science of History or Why the World is Simpler than We Think. New York: Crown Publishers, 2001.
18. Carlson, J. M., and John Doyle. "Highly Optimized Tolerance: A Mechanism for Power Laws in Designed Systems." Physical Review E 60 (1999): 1412-1427.
19. _. "Highly Optimized Tolerance: Robustness and Design in Complex Systems." Physical Review Letters 84, no. 11 (2000): 2529-2532.
20. _. "Complexity and Robustness." PNAS 99, no. 1 (2002): 2538-2545.
21. Diamond, Jared. Guns, Germs, and Steel: The Fates of Human Societies. New York: W. W. Norton and Co., 1997.
22. Di Guilmi, Corrado, Edoardo Gaffeo, and Mauto Gallegati. "Empirical Results on the Size Distribution of Business Cycle Phases." Physica A 333 (2004): 325-334.
23. Dupré, John. Human Nature and the Limits of Science. Oxford: Clarendon Press, 2001.
24. Durlauf, S. N. Complexity and Empirical Economics. Santa Fe Institute WP 03-02-014, 2003. http://www.santafe.edu.
25. Economagic Economic Time Series Page. 2003. http://www.economagic.com.
26. Elliot, J. E. "Marx and Schumpeter on Capitalism's Creative Destruction: A Comparative Restatement." The Quarterly Journal of Economics (August 1980): 46-68.
27. Frigg, Roman. "Self-Organized Criticality-What It Is and What It Isn't." Stud. Hist. Phil. Sci. 34 (2003): 613-632.
28. Gabaix, Xavier, P. Gopikrishnan, V. Plerou, and H. E Stanley. "A Theory of Power Law Distributions in Financial Market Fluctuations." Nature 423 (2003): 267-70.
29. Jensen, J. Henrik. "Self-Organized Criticality: Emergent Complex Behavior in Physical and Biological Systems." Cambridge Lecture Notes in Physics 10. Cambridge: Cambridge University Press, 2001.
30. Krugman, Paul R. Development, Geography, and Economic Theory. Cambridge: The MIT Press, 1995.
31. Laherrère, J., and D. Sornette. "Stretched Exponential Distributions In Nature and Economy: 'Fat Tails' with Characteristic Scales." Eur. Phys J. B 2 (1998): 525-539.
32. Lee, Y., N. L. A. Amaral, D. Canning, M. Meyer, and E. H. Stanley. "Universal Features in the Growth Dynamics of Complex Organizations." Physical Review Letters 81, no. 15 (1998): 3275-3278.
33. Lee, D. S., K.-I. Goh, B. Kahng, and D. Kim. "Sandpile Avalanche Dynamics on Scale-Free Networks." Physica A 338 (2004): 84-91.
34. Levy, M., and S. Solomon. "New Evidence for the Power-Law Distribution of Wealth." Physica A 242 (1997): 90-94.
35. Maddison, Angus. Dynamic Forces in Capitalist Development: A Long-Run Comparative View. Oxford: Oxford University Press, 1991.
36. Malcai, Ofer, Ofer Biham, and Sorin Solomon. "Power-Law Distributions and Levy-Stable Intermittent Fluctuations in Stochastic Systems of Many Autocatalytic Elements." 1999. http://arXiv:cond-mat/9907320v3.
37. Mantegna, R. N., and E. H. Stanley. "Scaling Behavior in the Dynamics of an Economic Index." Nature 376 (1995).- 46-49.
38. Matia, K., Fu Dongfeng, S. V. Buldyerev, F. Pammolli, M. Riccaboni, and H. E. Stanley. "Statistical Properties of Business Firm's Structure and Growth." Europhysics Letters 67, no. 3 (2004): 498-503.
39. Matutinovii, Igor. "The Aspects and the Role of Diversity in Socioeconomic Systems: An Evolutionary Perspective." Ecological Economics 39, no. 2 (2001): 239-256.
40. _. "Organizational Patterns of Economies: An Ecological Perspective." Ecological Economics 40, no. 3 (2002): 421-440.
41. _. "The Microeconomic Foundations of Business Cycles: From Institutions to Autocatalytic Networks." Journal of Economic Issues 39, no. 4 (2005).
42. Marx, Karl. Das Kapital: Kritik der politischen Oekonomie. 1867. Translation, Beograd: Prosveta, 1977.
43. Mitchell, Wesley C. Business Cycle: The Problem and Its Setting. 1927. Reprint, New York: National Bureau of Economic Research, 1954.
44. _. Business Cycles and Their Causes. Berkeley: University of California Press, 1941.
45. Mitzenmacher, Michael. "A Brief History of Generative Models for Power Law and Lognormal Distributions." 2001. http://www.eecs.harvard.edu.
46. NBER. "The US Business Cycle Expansions and Contractions." 2003. http://www.nber.org/cycles.
47. Nicolis, Gregoire, and Ilya Prigogine. Exploring Complexity: An Introduction. New York: Freeman and Co., 1989.
48. Norberg-Hodge, H. "The Pressure to Modernize and Globalize." In The Case against the Global Economy, and for a Turn toward the Local, edited by J. Mander and E. Goldsmith. San Francisco: Sierra Club Books, 1998.
49. Ormerod, Paul. "The U.S. Business Cycle: Power Law Scaling for Interacting Units with Complex Internal Structure." Physica A 314, 1-4 (2002): 774-785.
50. Ormerod, Paul, and Craig Mounfield. "Power Law Distribution of the Duration and Magnitude of Recessions in Capitalist Economies.- Breakdown of Scaling." Physica A 293, 3-4 (2001): 573-582.
51. Ramsden, J. J., and Gy Kiss-Haypál. "Company Size Distribution in Different Countries." Physica A 277 (2000): 220-227.
52. Roberts, D. C., and D. L. Turcorte. "Fractality and Self-Organized Criticalityo f Wars." Fractals 6, no. 4(1995): 351-357.
53. Romer, Christina R. "Changes in Business Cycles: Evidence and Explanations." Journal of Economic Perspectives 13, no. 2 (1999): 23-44.
54. Rosenberg, N., and L. E. Birdzell. How the West Grew Rich. London: Basic Books, 1986.
55. Rosser, J. Barkley, Jr. "On the Complexities of Complex Economic Dynamics." Journal of Economic Perspectives 13, no. 4(1999): 169-192.
56. Rothschild, Michael. Bionomics: Economy as Ecosystem. New York: Henry Holt and Co., 1990.
57. Rutherford, Malcolm. Institutions and Economics: The Old and New Institutionalism. Cambridge: Cambridge University Press, 1996.
58. Salthe, Stanley. "An Approach to Causality in Organized Complexity: The Role of Management." In Managing Organizational Complexity: Philosophy, Theory, and Application, edited by Kurt Richardson. Greenwich: Information Age Publishing, 2005.
59. Schneikman, José, and Michael Woodford. "Self-Organized Criticality and Economic Fluctuations." American Economic Review 84, no. 2 (1994): 417-421.
60. Schumpeter, Joseph A. Capitalism, Socialism, and Democracy. London: George Allen &. Unwin, 1976.
61. Shand, John. Philosophy and Philosophers. London: Penguin Books, 1993.
62. Sherman, Howard J. The Business Cycle: Growth and Crisis under Capitalism. Princeton: Princeton University Press, 1991.
63. _. "Institutions and the Business Cycle." Journal of Economic Issues 37, no. 3 (2003): 1-22.
64. Smolin, Lee. The Life of the Cosmos. London: Phoenix, 1997.
65. Simon, Herbert, and C. P. Bonini. "The Size Distribution of Business Firms." American Economic Review 46 (1958): 607-617.
66. Sneppen, K., Per Bak, H. Flyvbjerg, and M. Henrik Jensen. "Evolution as a Self-Organized Critical Phenomenon." Proc. Nad. Acad. Sci. USA 92 (1995): 5209-5213.
67. Stanley, H. E. "Power Laws and Universality." Nature 378 (1995): 554.
68. Stanley, Michael H. R, Luis A. N. Amaral, Sergey V. Buldyerv, Shlomo Havlin, Heiko Leschhorn, Philipp Maass, Michael A. Salinger, and Eugene H. Stanley. "Scaling Behavior in the Growth of Companies." Nature 379 (1996): 804-806.
69. Stanley, H. E., Luis A. Amaral, Sergey V. Buldyrev, P. Gopikrisnan, V. Plerou, and M. A. Salinger. "Self-Organized Complexity in Economics and Finance." PNAS 99 (2002): 2561-2565.
70. Toulmin, S. E. "The Situatedness of Economic Relations." Center for Multiethnic and Transnational Studies. 1998. http://www.usc.edu/dept/LAS/ CMTS/docs/skebo.html.
71. Zarnowitz, Victor. Business Cycles: Theory Indicators and Forecasting. Chicago: The University of Chicago Press, 1992.
72. Zipf, G. K. Human Behavior and the Principle of Least Effort. Reading, Mass.: Addison Wesley, 1949.