Quote by Rich Jolly Download Open image ““Complexity can be categorized into two types: combinatorial and dynamic.”” — Rich Jolly ★ ★ ★ ★ ★ 3.6 out of 5 (6 ratings) Copy quoteShare
“Combinatorial complexity is well understood and can be tackled in an engineering fashion. For example, the airline schedule is usually built using a technique… — Rich Jolly Copy Share Image
“By any objective standard, the theory of computational complexity ranks as one of the greatest intellectual achievements of humankind -- along with fire, the… — Scott Aaronson Copy Share Image
My take is that the kind of complexity which says we can always generate complexity from simple interactions following for example rules. — David Byrne Copy Share Image
Complexity is looking at interacting elements and asking how they form patterns and how the patterns unfold. It's important to point out that the… — W. Brian Arthur Copy Share Image
“Analysing complexity Analysis of complex systems almost always turns on finding recurring patterns in the system’s ever-changing configurations. The game of chess provides a… — John H. Holland Copy Share Image
There are forms of complexity in all people...Always update your state of mind. — Anonymous Copy Share Image
“The idea of antifragility, for which evolution is the most important example, gives us tremendous guidance: o Seek out low-cost options in your business… — Rich Jolly Copy Share Image
“In the early phases, the structure exhibits exponential growth. This identifies the reinforcing loop. However, the balancing loop is effectively dormant. It's only later… — Rich Jolly Copy Share Image
“In real life situations, there are often many feedback loops present, with perhaps several dormant feedback loops lying in wait.” — Rich Jolly Copy Share Image
“In system dynamic simulation, this data set is referred to as the reference behavior pattern (RBP).” — Rich Jolly Copy Share Image
“The negative effects of virtuous turned vicious loops is an extremely important lesson to keep in mind.” — Rich Jolly Copy Share Image
“7. Remember It’s Only a Model—Always remember George Box's excellent advice, “All models are wrong, but some are useful.” The feedback and delays you… — Rich Jolly Copy Share Image
“The scientific method asserts that one cannot prove a hypothesis, only disprove it. Seeing more white swans may strengthen the hypothesis, but seeing a… — Rich Jolly Copy Share Image
“Surowiecki outlined four conditions that characterized wise crowds: 1. Diversity of opinion 2. Independence 3. Decentralization 4. An aggregation mechanism” — Rich Jolly Copy Share Image
“Generally, the modeler should look for natural boundaries of the system to capture the most important and impactful structure.” — Rich Jolly Copy Share Image
“if your business ecosystem seems stable, don't be lulled into a potentially false sense of security. Big changes can happen very quickly. Don't confuse… — Rich Jolly Copy Share Image
“Google has studied this with their prediction markets and found evidence for better information flow for employees who were physically closer together (Cowgill et… — Rich Jolly Copy Share Image
“In his excellent book Turtles, Termites, and Traffic Jams (1997), Mitchel Resnick outlines a list of five heuristics associated with the aggregation of interactions:… — Rich Jolly Copy Share Image