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explores his belief that technology undergoes its own evolution, similar to Darwin's theory of evolution in
Biology. Arthur's claim is that technology evolves out of earlier existing forms. He goes on to say that economies are not merely a container for these innovations, but rather economies arise
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The movement that started complexity looks in the other direction. It’s asking, how do things assemble themselves? How do patterns emerge from these interacting elements? Complexity is looking at interacting elements and asking how they form patterns and how the patterns unfold. It’s important to
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Complexity theory is really a movement of the sciences. Standard sciences tend to see the world as mechanistic. That sort of science puts things under a finer and finer microscope. In biology the investigations go from classifying organisms to functions of organisms, then organs themselves, then
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in economies, and how these increasing returns magnify small, random occurrences in the market place." These principles are especially significant in technology-specific industries where network effects commonly occur.
295:. Arthur was named as the first director of the interdisciplinary Economics Program at the Institute beginning in 1988. He was named the Citibank Professor at the institute in 1994, with the endowment of
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point out that the patterns may never be finished. They’re open-ended. In standard science this hits some things that most scientists have a negative reaction to. Science doesn’t like perpetual novelty.
375:
field. Specifically, his complexity studies focused on the "economics of high technology; how business evolves in an era of high technology; cognition in the economy; and financial markets."
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791:, by Joseph Jaworski, contains the story of the U-Process and W. Brian Arthur's contribution to its discovery, based on "Coming From Your Inner Self", reference above.
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785:, by M. Mitchell Waldrop, contains a biographical profile of W. Brian Arthur, and a description of Arthur's work at Stanford and at the Santa Fe Institute.
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581:"Coming from Your Inner Self, Conversation with W. Brian Arthur, Xerox PARC, April 16, 1999, by Joseph Jaworski, Gary Jusela, C. Otto Scharmer"
279:, USA. Arthur's long association with the Institute started in 1987 with the introduction and support of Stanford economist and winner of the
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cells, and then organelles, right down to protein and enzymes, metabolic pathways, and DNA. This is finer and finer reductionist thinking.
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He served several terms on the
Science Board 1988–2006, and Board of Trustees, 1994–2004, during his association with the institute.
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by Joel
Kurtzman / April 1, 1998 / Second Quarter 1998 / Issue 11 (originally published by Booz & Company) (
202:. He has lived and worked in Northern California for many years. He is an authority on economics in relation to
447:, edited with Steven Durlauf and David Lane, Addison-Wesley, Reading, MA, Series in the Sciences of Complexity.
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268:, 1983–1996. He is the co-founder of the Morrison Institute for Population and Resource Studies at Stanford.
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Arthur is the former
Morrison Professor of Economics and Population Studies; Professor of Human Biology,
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Arthur and several other Santa Fe
Institute researchers are profiled extensively in the book
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W. Brian Arthur has published several books, papers, articles and more. A selection:
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At age 37, Arthur was the youngest endowed chair holder at
Stanford University.
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Arthur is one of the distinguished
External Research Faculty members at the
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Arthur was awarded an honorary Doctor of
Economic Sciences degree from the
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University of
Michigan College of Literature, Science, and the Arts alumni
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772: (archived 8 January 2006), Arthur's remarks plus mind-mapped notes
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For a further selection of papers, articles, lectures and papers, see
328:(2000), and an Honorary Doctor of Science Degree (Honoris Causa) from
238:, Northern Ireland. He received his BSc in electrical engineering at
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as a different way of seeing and conducting scientific inquiry:
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Arthur is one of the early economic researchers in the emerging
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Arthur is noted for his seminal works "studying the impacts of
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W. Brian Arthur, External
Research Faculty, Santa Fe Institute
218:, and a Visiting Researcher at the Intelligent Systems Lab at
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Foreword by Nobel Economist Kenneth Arrow to Arthur's book
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246:, Lancaster, England, and an M. A. in Mathematics at the
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The Nature of Technology: What it is and How it Evolves
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The Nature of Technology: What it Is and How it Evolves,
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Morrison Institute for Population and Resource Studies
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Increasing Returns and Path Dependence in the Economy
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Increasing Returns and Path Dependence in the Economy
630:"John Simon Guggenheim Foundation | W. Brian Arthur"
242:(1966), an M. A. in Operational Research (1967) at
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880:UC Berkeley College of Letters and Science alumni
254:(1973) and an M. A. in Economics (1973) from the
198:credited with developing the modern approach to
674:"Legg Mason conference bio for W. Brian Arthur"
405:as a result of new technological developments.
214:. He has been on the external faculty at the
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789:Source: The Inner Path to Knowledge Creation
653:International Joseph A. Schumpeter Society,
530:, M. Mitchell Waldrop, first published 1992.
445:The Economy as an Evolving Complex System II
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222:. He is credited with the invention of the
440:. University of Michigan Press, Ann Arbor.
317:in economics in 1990, and the (inaugural)
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378:Arthur's comments on the evolution of
194:(born 31 July 1945) is a Belfast-born
313:in 1987. Arthur was also awarded the
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845:Alumni of Queen's University Belfast
766:Legg Mason Thought Leader Forum 2004
454:. The Free Press and Penguin Books.
234:W. Brian Arthur was born in 1945 in
865:Scholars and academics from Belfast
459:Foundations of Complexity Economics
250:(1969). Arthur received his PhD in
855:Fellows of the Econometric Society
415:Social software (social procedure)
256:University of California, Berkeley
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801:An Interview with W. Brian Arthur
890:Economists from Northern Ireland
696:"Short Background: Brian Arthur"
321:for complexity science in 2008.
840:Alumni of Lancaster University
326:National University of Ireland
1:
835:20th-century Irish economists
655:Schumpeter Prize in Economics
339:by M. Mitchell Waldrop.
875:Stanford University faculty
552:"External Research Faculty"
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850:Complex systems scientists
240:Queen's University Belfast
870:Santa Fe Institute people
660:29 September 2007 at the
500:"Intelligent Systems Lab"
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281:Nobel Prize in Economics
461:", overview article in
860:Operations researchers
396:How technology evolves
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342:He is a Fellow of the
299:and then-Citibank CEO
293:Nobel Prize in Physics
289:Philip Warren Anderson
248:University of Michigan
147:University of Michigan
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311:Guggenheim Fellowship
309:Arthur was awarded a
746:Some Selected Papers
332:on 9 December 2009.
330:Lancaster University
277:Santa Fe, New Mexico
244:Lancaster University
224:El Farol Bar problem
192:William Brian Arthur
172:El Farol Bar problem
144:Lancaster University
114:Complexity economics
93:(permanent resident)
41:Annual Meeting, 2011
39:World Economic Forum
25:William Brian Arthur
420:Inductive reasoning
344:Econometric Society
266:Stanford University
252:Operations Research
127:Stanford University
725:Santa Fe Institute
700:Santa Fe Institute
587:on 11 October 2007
583:. . Archived from
558:on 12 October 2007
506:on 17 October 2007
360:increasing returns
273:Santa Fe Institute
216:Santa Fe Institute
200:increasing returns
177:Increasing returns
132:Santa Fe Institute
16:American economist
618:Board of Trustees
380:complexity theory
367:Complexity theory
356:positive feedback
212:financial markets
204:complexity theory
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120:Institutions
57:31 July 1945
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825:1945 births
680:19 November
75:Citizenship
819:Categories
783:Complexity
705:27 October
634:www.gf.org
591:27 October
562:28 October
528:Complexity
510:17 October
472:References
373:complexity
337:Complexity
208:technology
53:1945-07-31
781:The book
230:Biography
196:economist
730:19 April
658:Archived
409:See also
297:Citibank
153:Doctoral
805:Textise
768:at the
457:2021, "
236:Belfast
155:advisor
82:Ireland
64:Belfast
464:Nature
450:2009.
443:1997.
434:1994.
287:, and
110:Field
811:URL)
732:2019
707:2007
682:2007
641:2016
593:2007
564:2007
512:2007
350:Work
220:PARC
210:and
84:and
47:Born
807:) (
358:or
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572:^
520:^
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