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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.
306:. 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.
386:
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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592:"Coming from Your Inner Self, Conversation with W. Brian Arthur, Xerox PARC, April 16, 1999, by Joseph Jaworski, Gary Jusela, C. Otto Scharmer"
290:, 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) (
213:. He has lived and worked in Northern California for many years. He is an authority on economics in relation to
458:, edited with Steven Durlauf and David Lane, Addison-Wesley, Reading, MA, Series in the Sciences of Complexity.
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279:, 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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783: (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
339:(2000), and an Honorary Doctor of Science Degree (Honoris Causa) from
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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
229:, 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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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
641:"John Simon Guggenheim Foundation | W. Brian Arthur"
253:(1966), an M. A. in Operational Research (1967) at
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891:UC Berkeley College of Letters and Science alumni
265:(1973) and an M. A. in Economics (1973) from the
209:credited with developing the modern approach to
685:"Legg Mason conference bio for W. Brian Arthur"
416:as a result of new technological developments.
225:. He has been on the external faculty at the
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800:Source: The Inner Path to Knowledge Creation
664:International Joseph A. Schumpeter Society,
541:, M. Mitchell Waldrop, first published 1992.
456:The Economy as an Evolving Complex System II
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233:. He is credited with the invention of the
451:. University of Michigan Press, Ann Arbor.
328:in economics in 1990, and the (inaugural)
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389:Arthur's comments on the evolution of
205:(born 31 July 1945) is a Belfast-born
324:in 1987. Arthur was also awarded the
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856:Alumni of Queen's University Belfast
777:Legg Mason Thought Leader Forum 2004
465:. The Free Press and Penguin Books.
245:W. Brian Arthur was born in 1945 in
876:Scholars and academics from Belfast
470:Foundations of Complexity Economics
261:(1969). Arthur received his PhD in
866:Fellows of the Econometric Society
426:Social software (social procedure)
267:University of California, Berkeley
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812:An Interview with W. Brian Arthur
901:Economists from Northern Ireland
707:"Short Background: Brian Arthur"
332:for complexity science in 2008.
851:Alumni of Lancaster University
337:National University of Ireland
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846:20th-century Irish economists
666:Schumpeter Prize in Economics
350:by M. Mitchell Waldrop.
886:Stanford University faculty
563:"External Research Faculty"
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861:Complex systems scientists
251:Queen's University Belfast
881:Santa Fe Institute people
671:29 September 2007 at the
511:"Intelligent Systems Lab"
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292:Nobel Prize in Economics
472:", overview article in
871:Operations researchers
407:How technology evolves
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353:He is a Fellow of the
310:and then-Citibank CEO
304:Nobel Prize in Physics
300:Philip Warren Anderson
259:University of Michigan
158:University of Michigan
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322:Guggenheim Fellowship
320:Arthur was awarded a
757:Some Selected Papers
343:on 9 December 2009.
341:Lancaster University
288:Santa Fe, New Mexico
255:Lancaster University
235:El Farol Bar problem
203:William Brian Arthur
183:El Farol Bar problem
155:Lancaster University
125:Complexity economics
104:(permanent resident)
52:Annual Meeting, 2011
50:World Economic Forum
36:William Brian Arthur
18:William Brian Arthur
431:Inductive reasoning
355:Econometric Society
277:Stanford University
263:Operations Research
138:Stanford University
736:Santa Fe Institute
711:Santa Fe Institute
598:on 11 October 2007
594:. . Archived from
569:on 12 October 2007
517:on 17 October 2007
371:increasing returns
284:Santa Fe Institute
227:Santa Fe Institute
211:increasing returns
188:Increasing returns
143:Santa Fe Institute
27:American economist
629:Board of Trustees
391:complexity theory
378:Complexity theory
367:positive feedback
223:financial markets
215:complexity theory
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131:Institutions
68:31 July 1945
29:
836:1945 births
691:19 November
86:Citizenship
830:Categories
794:Complexity
716:27 October
645:www.gf.org
602:27 October
573:28 October
539:Complexity
521:17 October
483:References
384:complexity
348:Complexity
219:technology
64:1945-07-31
792:The book
241:Biography
207:economist
741:19 April
669:Archived
420:See also
308:Citibank
164:Doctoral
816:Textise
779:at the
468:2021, "
247:Belfast
166:advisor
93:Ireland
75:Belfast
475:Nature
461:2009.
454:1997.
445:1994.
298:, and
121:Field
822:URL)
743:2019
718:2007
693:2007
652:2016
604:2007
575:2007
523:2007
361:Work
231:PARC
221:and
95:and
58:Born
818:) (
369:or
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