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Cited by 1,142

The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.

Complexity and the Economy

Arthur, W. Brian·1999·Science

Abstract

After two centuries of studying equilibria—static patterns that call for no further behavioral adjustments—economists are beginning to study the general emergence of structures and the unfolding of patterns in the economy. When viewed in out-of-equilibrium formation, economic patterns sometimes simplify into the simple static equilibria of standard economics. More often they are ever changing, showing perpetually novel behavior and emergent phenomena. Complexity portrays the economy not as deterministic, predictable, and mechanistic, but as process dependent, organic, and always evolving.

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Metadata

Authors
Arthur, W. B.
Venue
Science
Published
1999-04-02
Volume
284
Issue
5411
Pages
107-109
ISSN
  • 0036-8075 (ISSN-L)
  • 1095-9203
OpenAlex
W2114499604
Cited by
1,142
References
1
FWCI
33.13
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Complexity and the Economy. https://app.cochat.ai/papers/10.1126/science.284.5411.107
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Arthur, W. B. (1999). Complexity and the Economy. Science. https://doi.org/10.1126/science.284.5411.107

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.