InterJournal Complex Systems, 126
Status: Accepted
Manuscript Number: [126]
Submission Date: 981025
Revision
Socioeconomic Systems as Nested Dissipative Adaptive Systems (Holarchies) and their Dynamic Energy Budget: a theoretical approach
Author(s): Kozo Mayumi

Subject(s): CX.43, CX.44

Category: Brief Article

Abstract:

This paper presents an innovative approach that can be used to study the evolution and the stability of socio-economic systems. Our analysis is based on: (1) the use of several distinct views of the same socio-economic system obtained by describing it on different space-time scales (non-equivalent descriptions of it obtained on different hierarchical levels); (2) equations of congruence of flows of matter, energy, human time and money across levels to establish links among these different non-equivalent views. Since we describe the socioeconomic system as a nested dissipative adaptive system (holarchy) we briefly discuss a few related concepts. In particular we will focus on the crucial analysis of the unavoidable dilemma between ``efficiency'' and ``adaptability'' (short-term versus long-term goals) affecting any holarchy and the consequent implications in terms of stability. Finally we present and discuss the encoding that we use to describe the evolution of Socioeconomic systems in parallel on different hierarchical levels. Such a selection of encoding makes possible to study the exergy budget of different nested elements of the holarchy. Finally, we formulate 4 hypotheses derived from theoretical consideration, about the behavior of socioeconomic systems, which can be tested with real world data (this would be the subject of the second paper of this series).

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