Majandusteaduskonna teadusseminar 10. detsembril
- Aeg:10.12.14 - 10.12.14
Majandusteaduskonna teadusseminar "Economic Decision Making: Application of the Theory of Complex Systems" toimub 10. detsembril kell 16.00 ruumis SOC-314, esineb Robert Kitt.
Seminar on inglise keeles, kõik on oodatud!
Abstract: Complex systems are discussed in the context of economic and business policy and decision making. It will be showed and motivated that social systems are typically chaotic, non-linear and/or non-equilibrium and therefore complex systems. It is discussed that the rapid change in global consumer behaviour is underway, that further increases the complexity in business and management. For policy making under complexity, following principles are offered: openness and international competition, tolerance and variety of ideas, selfreliability and low dependence on external help. The chapter contains four applications that build on the theoretical motivation of complexity in social systems. The first application demonstrates that small economies have good prospects to gain from the global processes underway, if they can demonstrate production flexibility, reliable business ethics and good risk management. The second application elaborates on and discusses the opportunities and challenges in decision making under complexity from macro and micro economic perspective.
The seminar is held in English. Copies of the paper will be available at the seminar.
Everyone is welcome.
Questions regarding the seminar can be addressed to Karsten Staehr, karsten dot staehr at ttu dot ee