Dear Barkley, Being an old-fashioned thermodynamist trained in the Truesdell school and specialized in the partial integro-differential equations of the hyperbolic kind, I never had a chance to learn about complexity theories.
Would you kindly enlighten me what this from your paper "Complexity in Economics" means? > An economic system is dynamically complex if its deterministic > endogenous processes do not lead it asymptotically to a fixed > point, a limit cycle, or an explosion. Best regards, Sabri
