Adaptation: Invisible Hand, Breastfeeding, and Eroding Goals
Christoph E. Mandl ()
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Christoph E. Mandl: University of Vienna
Chapter Chapter 12 in Managing Complexity in Social Systems, 2023, pp 127-134 from Springer
Abstract:
Abstract The first publication addressing such generic dynamicsDynamics termed this systems archetypeSystems archetype “eroding goals” – a dynamics people experience in the context of projects. It then became clear that the same SFD describes the well-known “invisible hand.” Yet nature invented the concept of invisible hand about 252 million years earlier with the evolution of mammals which in females produce milk for feeding their young. As different as these contexts are they have in common that two (social) systems adapt to each other such that a dynamic equilibriumDynamic equilibrium is reached. Such an adaptive process is a type of learning, which includes all those events in which a systemSystem responds to some external stimulus and is modified in response to the information received. This systems archetype is unlike all the others because once a dynamic equilibrium is reached it is difficult to change that. The system’s resilienceResilience against disruptions is high.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-031-30222-0_12
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DOI: 10.1007/978-3-031-30222-0_12
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