From the early-1950s on, F.A. Hayek was concerned with the development of a methodology of sciences that study systems of complex phenomena. Hayek argued that the knowledge that can be acquired about such systems is, in virtue of their complexity (and the comparatively narrow boundaries of human...

Many complex systems present an intrinsic bipartite nature and are described and modeled in terms of networks. Bipartite networks are often very heterogeneous in the number of relationships that the elements of one set establish with the elements of the other set and the heterogeneity makes it...

The dominant approach to regulating communications networks treats each network component as if it existed in isolation. In so doing, the current approach fails to capture one of the essential characteristics of networks, which is the complex manner in which components interact with one another...

This article illuminates the largely misunderstood relationship between complexity and the regulation of property interests. Specifically, the article presents the "complexity thesis" -- a novel explanatory account of the principle of numerus clausus. The principle of numerus clausus is an...

Firms routinely employ product costs in decision making. The question of how to design a cost system that is well-suited for this purpose has received considerable practitioner and academic interest. The design or, equivalently the required complexity, of cost systems has been hotly debated over...

In this paper we argue that if we want to find a more satisfactory approach to tackling the major socio-economic problems we are facing, we need to thoroughly rethink the basic assumptions of macroeconomics and financial theory. Making minor modifications to the standard models to remove...

Commentary and analysis of the possibility of classwide litigation over bad subprime mortgage loans under the federal Truth in Lending Act. This article discusses TILA's various provisions as they intersect with class action procedure, and TILA's limitations on remedies and monetary recoveries....

This paper highlights some theoretical and epistemological reflections about the relevance of action for managerial studies. These reflections show how the cybernetic paradigm of complexity management can be used for better decision making that unites knowledge and action in a comprising,...