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Intentionality and the emergence of complexity: an analytical approach

Félix-Fernando Muñoz and María-Isabel Encinar ()

Journal of Evolutionary Economics, 2014, vol. 24, issue 2, 317-334

Abstract: Emergence is a generic property that makes economies become complex. The simultaneous carrying out of agents’ intentional action plans within an economic system generates processes that are at the base of structural change and the emergence of adaptive complex systems. This paper argues that goals and intentionality are key elements of the structure of rational human action and are the origin of emergent properties such as innovation within economic complex systems. To deal with the locus and role of goals and intentionality in relation to the emergence of complexity we propose an analytical approach based on agents’ action plans. Action plans are open representations of the action projected by agents (as individuals or organizations), where the means (actions) and objectives (or goals) are not necessarily given, but produced by agents themselves. Copyright Springer-Verlag Berlin Heidelberg 2014

Keywords: Intentionality; Action plans; Emergence of novelty; Complexity; B41; B52; D89; O10 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (6)

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Chapter: Intentionality and the Emergence of Complexity: An Analytical Approach (2015)
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DOI: 10.1007/s00191-014-0342-z

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Journal of Evolutionary Economics is currently edited by Uwe Cantner, Elias Dinopoulos, Horst Hanusch and Luigi Orsenigo

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