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2.3. Advantages and benefits of a complexity approach

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Which advantages can we advocate for the method presented in this chapter?

Firstly, that tackling complexity is an opportunity to design and develop the sustainability function in complex systems. Secondly, that it leads to reaching a global and best fit objective by means of local rules. In fact, tackling complexity is a way to get a system evolving towards a chaotic attractor. While this obeys simple principles, it leads to disruptive change.

As a result, new patterns may emerge through the disruptions. Thanks to the diversity and adaptive properties at the local level, associated with aggregation ability, the system can eventually reach stable patterns.

Finally, thanks to interaction and feed-back loops within the system under development, it is possible to generate more sustainable and stable systems. And the benefits can be expressed in terms of flexibility, stability, reliability and controllability.

Complex Decision-Making in Economy and Finance

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