Systems theory was not originally a business theory. Indeed, systems theory was proposed in the 1940s by biologist Ludwig von Bertalanffy, say Francis Heylighen and Cliff Joslyn in their article, ...
Microeconomic theory often yields models with multiple nonlinear equations, nonseparable unobservables, nonlinear cross equation restrictions, and many potentially multicolinear covariates. We show ...
Newton’s third law tells us that for every action, there’s an equal reaction going the opposite way. It’s been reassuring us for 400 years, explaining why we don’t fall through the floor (the floor ...
Analysing human societies as complex systems can provide an insight into historical processes and the strengths and weaknesses of capitalism. Analysing human societies as complex systems can provide ...
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