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Many experts believe that our civilization is on the verge of shifting to a new long-term economic cycle — the sixth Kondratieff wave. Increasing diffusion and convergence of ICT, bio- and nanotechnologies, movements favoring «green» technologies and business models and holistic health,...
Persistent link: https://www.econbiz.de/10010721957
The claim that a simple model can outperform a complex one is investigated on general system-theoretic grounds. After an extended discussion of what the terms ``simple,'' ``complex,'' and ``perform'' might mean in systems terms, the conclusion is that the claim {\it might be true}.
Persistent link: https://www.econbiz.de/10005790836
Just as the development of relativity theory and quantum mechanics have been the defining events of twentieth-century science, the burgeoning field of cognitive science is often trumpeted as being a glimpse into the future of the center of science in the coming century. In this paper, we examine...
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