James Surowiecki in his book on the wisdom of crowds wrote about the decisions made based on the aggregation of information in groups. Knowing the many case studies and a[...]

Equation based modeling (EBM) is the most common form of scientific modeling. However, the creation of an appropriate EBM for a large system is likely to be complicated [...]

Financial markets play a critical role in today's societies and are extremely important to the general health and efficiency of an economy. Solid understanding of the beh[...]

Most interesting phenomena in natural and social systems include transitions and oscillations among their various phases. A new phase begins when the system reaches a th[...]

Simulation-based methods are becoming a promising research tool in financial markets. A general Complex Adaptive System can be tailored to different application scenarios[...]