Economic Network Dynamics
3,047 views · Published 12 November 2015 · 16:57 · Indexed 28 September 2026
Channel: Systems Innovation Network · 2015 · Science & Technology
Take the full course on our site here: https://www.systemsinnovation.network/posts/start-learning-complexity-economics In this module we will be talking about economic network dynamics that looks at how networks are formed and develop over their life cycle. We will discuss how with network economies connections can grow at a super-linear rate giving rise to a nonlinear pattern of development, that requires a certain threshold to be overcome before the positive feedback loop of the network effect takes hold as the system can grow very rapidly.
