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Economic complexity measures have been constructed on the basis of bilateral country-product network data. In this study, we submit a Ternary Complexity Index (TCI), which explicitly incorporates technological complexity as a third dimension, measured in terms of patents. TCI is based on...
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Following a suggestion of Warren Weaver, we extend the Shannon model of communication piecemeal into a complex systems model in which communication is differentiated both vertically and horizontally. This model enables us to bridge the divide between Niklas Luhmann’s theory of the...
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Purpose: This paper presents the case for an analysis of communication at the supra-individual level as a means of rendering the understanding of learning and acting tractable. We introduce a method of analysis of redundancy to achieve this. Approach: We argue for a supra-individual approach to...
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In this paper information theoretical approach is applied to the description of financial markets A model which is expected to describe the markets dynamics is presented. It is shown the possibility to describe market trend and cycle dynamics from a unified viewpoint. The model predictions...
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