Title: [ECCO] Seminar: A Memetic View on the Firm
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You are hereby invited to a seminar in our twelfth interdisciplinary series on Evolution, Complexity and Cognition (ECCO 2016-2017)

Time: Friday, January 20, 14h-16h

Place: room PL5.5.61, building: Pleinlaan 5 - 5th floor, VUB

NOTE: this is not in the usual seminar building on the VUB campus, but in a building on the opposite side of the campus on the Pleinlaan/Avenue de la Plaine



A Memetic View on the Firm

Dirk Bruin
https://nl.linkedin.com/in/dirkbruin


Abstract:

The research concerns the behavior of people associated with firms and the behavior of the firms themselves.  In fact it is unclear what the substance of a firm is.  The research question is just that: 'What is a firm?'  The approach is to involve horizontal evolution of by way of memes.  Memes emerge from individuals' beliefs: what they are familiarized with, they can come to believe and their beliefs lend them rules for their decisions.
 
Memeplexes form because of the relational properties between memes.  As a result of the formation of memeplexes, individuals can have access to the corresponding 'tools for thought'.  In the field of management science these tools can be rather experimental in a Popperian way.  When they are motivated by some meme, individuals can decide upon them and act, depending on the properties of the memes involved.  Individuals' behavior is affected by their belief system.  In addition their behavior in the aggregate (many individuals) can lead to correlated patterns of behavior.  This is the basis for the existence of firms.
 
In Western culture a body of beliefs and corresponding rules is established for economic life, namely concerning the decisions of people interacting (transacting) with other people.  This body itself is the subject of many people's beliefs, vivid especially in the Anglo-saxon sphere, and so it coordinates individuals' behavior.  Bear in mind, however, that the future of the host is less important than the future of the meme itself.  This element of the wider Western culture leads to rules that can explain the existence of firms, their behavior on a macro-level, autonomous to some extent.
 
Firms in this sense co-evolve with elements in their environment in a monadic way.  The memeplexes that underpin firms transpose local behavior of individuals to global behavior of the entire system.  The middleware for understanding this operation is provided by game theory.  In this way firms can be seen as units of computation that both reflect and anticipate their environment at each point in time as best they can.


BIO
Dirk received an Msc in Financial Economics from the Vrije Universiteit of Amsterdam in 1993. He was active in Management Consulting in The Netherlands and in Southern Africa until 2006. Dirk acquired a textile production firm in 2006, transferred its production to Tunisia and branched its activities out to the United Kingdom. The entire business was divested in 2014. Until present he is engaged in a private research project into a more fundamental, namely memetic, approach to Firm theory, explaining the existence of firms and describing their behavior on a fundamental level.

He has finished a manuscript of a book on that topic, and considers developing it into a PhD for the ECCO research group.

More on Dirk's research blog: http://magrathea-tlc.nl
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Francis Heylighen     
Evolution, Complexity and Cognition group
Free University of Brussels
http://pespmc1.vub.ac.be/HEYL.html
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Francis Heylighen     
Evolution, Complexity and Cognition group
Free University of Brussels
http://pespmc1.vub.ac.be/HEYL.html




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