Nonlinear Sciences – Adaptation and Self-Organizing Systems
Scientific paper
2009-09-09
Nonlinear Sciences
Adaptation and Self-Organizing Systems
4 pages, submitted for presentation at ICAART 2010, Valencia, Spain
Scientific paper
The recent financial crisis has sharply revealed that current understanding of the global financial system is more than limited. In the recovery plan the confidence in the underlying theory is crucial. To address the problem we propose the description of complex systems in terms of self-organization processes of prime integer relations. The description suggests to consider the global financial system through the hierarchical network built by the totality of the self-organization processes. To make the description operational we propose an integration principle and support it by computational experiments using a multi-agent system. Remarkably, based on integers and controlled by arithmetic only the description raises the possibility to develop an irreducible theory of complex systems. These may open a fundamentally new perspective for the modeling of the global financial system.
Korotkikh Galina
Korotkikh Victor
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