scholarly journals A review of global banking regulation under an assumption of complexity

2018 ◽  
Vol 13 (2) ◽  
pp. 320-333 ◽  
Author(s):  
John Evans ◽  
Yifei Li

AbstractThe global banking system can be shown to be a Complex Adaptive System that exhibits phase transitions from time to time. These phase transitions can result in significant financial losses to the community that we estimate to be much more significant than losses occurring during “business as usual” periods. In this paper, we argue that the significant losses arising from phase transitions in the banking system requires a very different approach to regulation than the current Basel regime, and that there is a need to transition the Basel regime from a Federation of Systems to a System of Systems. We demonstrate that the World Health Organisation’s recent management system for pandemics is ideally suited for management of the global banking system and would have greater potential to control the phase transition losses than the current Basel system.


Author(s):  
N. S Akilu ◽  

Based on isomorphic considerations, this paper attempts to establish an entrepreneur as complex adaptive system, which is one of the concepts that appear prominently in the field of complexity sciences. The attempt to equate the notion of an entrepreneur with the idea of a complex adaptive system, presupposes recognition of the entrepreneur’s role in adaptive agency. Along with this recognition, comes the convenience of contextualizing the concepts of phase transitions and bifurcation points in terms of venture emergence. The dynamics of these concepts are however more commonly explored within the workings of complex or dynamic physical systems. Yet, the broad applicability of the underlying ideas offers the possibility of identifying similar concepts in biological systems and by extension, the field of entrepreneurial cognition and behavior. Thus, the paper adopts an interdisciplinary approach and employs retroductive reasoning in the assemblage of relevant ideas, sought from diverse literary sources. The outcome is a conceptual framework, which presents certain propositions that offer implication for action.





Glottotheory ◽  
2020 ◽  
Vol 11 (1) ◽  
Author(s):  
Csaba Földes

AbstractThis paper deals with constellations in which, as consequences of linguistic interculturality, elements of two or more languages encounter each other and result in something partially or completely new, an – occasionally temporary – “third quality”, namely hybridity. The paper contributes to the meta-discourse and theory formation by questioning the concept, term and content of “linguistic hybridity”. It also submits a proposal for a typology of linguistic-communicative hybridity that consists of the following prototypical main groups, each with several subtypes: (1) language-cultural, (2) semiotic, (3) medial, (4) communicative, (5) systematic, (6) paraverbal and (7) nonverbal hybridity. At last, the paper examines hybridity as an explanatory variable for language change. In conclusion, hybridity is generally a place of cultural production, with special regard to communication and language it is potentially considered as an incubator of linguistic innovation. Hybridity can be seen as the engine and as the result of language change, or language development. It represents an essential factor by which language functions and develops as a complex adaptive system. Hybridity operates as a continuous cycle. By generating innovation, it triggers language change, which in turn, leads to further and new hybridizations. The processuality of hybridity creates diversity, while at the same time it can cause the vanishing of diversity.





2012 ◽  
Vol 212-213 ◽  
pp. 536-542
Author(s):  
Qiong Su ◽  
Shi Hua He

Based on complex adaptive system theory, the characteristics of water resources allocation system of river basin are analyzed. Evolutionary mechanisms and process of complex adaptive water resources allocation system in Dianchi basin are researched, and also characteristics of "learning". A complex adaptive system model of water-resource allocation is established during analyzing the influence factors and the reaction rules of water consumer agents and water provider agents. And based on this model, water resources in Dianchi basin is allocated only under Dianchi water provider and Zhangjiu river Yunlong reservoir water provider by using the platform of matlab. Finally, corresponding calculation results and conclusions are concluded.



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