Results for ' institutional complexity'

986 found
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  1.  31
    Managing Institutional Complexity: A Longitudinal Study of Legitimacy Strategies at a Sportswear Brand Company.Dorothee Baumann-Pauly, Andreas Georg Scherer & Guido Palazzo - 2016 - Journal of Business Ethics 137 (1):31-51.
    Multinational corporations are operating in complex business environments. They are confronted with contradictory institutional demands that often represent mutually incompatible expectations of various audiences. Managing these demands poses new organizational challenges for the corporation. Conducting an empirical case study at the sportswear manufacturer Puma, we explore how multinational corporations respond to institutional complexity and what legitimacy strategies they employ to maintain their license to operate. We draw on the literature on institutional theory, contingency theory, and organizational (...)
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  2.  6
    Manipulating Structure in Institutional Complexity Scenarios: The Case of Strategic Planning in Nonprofits.Ziva Sharp - 2021 - Business and Society 60 (8):1924-1956.
    Emergent structural approaches to institutional complexity tend to inhibit the role of agency in addressing logic multiplicity scenarios. Prior studies of logic multiplicity have documented a diverse set of outcomes, ranging from domination through hybridization, and characterized by various levels of conflict. A new stream of research has emerged that seeks to explain this heterogeneity through the structural components of complexity. These studies tend to minimize the role of agency in institutional complexity scenarios, positing that (...)
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  3.  43
    Internalization of Environmental Practices and Institutional Complexity: Can Stakeholders Pressures Encourage Greenwashing?Francesco Testa, Olivier Boiral & Fabio Iraldo - 2018 - Journal of Business Ethics 147 (2):287-307.
    This paper analyzes the determinants underlying the internalization of proactive environmental management proposed by certifiable environmental management systems such as those set out in ISO 14001 and the European Management and Auditing Scheme. Using a study based on 232 usable questionnaires from EMAS-registered organizations, we explored the influence of institutional pressures from different stakeholders and the role of corporate strategy in the “substantial” versus “symbolic” integration of environmental practices. The results highlighted that although institutional pressures generally strengthen the (...)
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  4.  14
    One size doesn’t fit all: How institutional complexity within the state shapes firms’ environmental innovation.Xin Pan, Xuanjin Chen, Haojing Guo & Yucheng Zhang - 2020 - Business Ethics: A European Review 29 (3):438-450.
    Business Ethics: A European Review, EarlyView.
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  5. Practice variation as a mechanism for influencing institutional complexity : local experiments in funding social impact businesses.Tracy A. Thompson & Jill M. Purdy - 2017 - In Joel Gehman, Michael Lounsbury & Royston Greenwood (eds.), How institutions matter! United Kingdom: Emerald Group Publishing.
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  6.  59
    Institutional evolution in the holocene: The rise of complex societies.Peter Richerson - manuscript
    Summary: The evolution of complex societies began when agricultural subsistence systems raised human population densities to levels that would support large scale cooperation, and division of labor. All agricultural origins sequences postdate 11,500 years ago probably because late Pleistocene climates we extremely variable, dry, and the atmosphere was low in carbon dioxide. Under such conditions, agriculture was likely impossible. However, the tribal scale societies of the Pleistocene did acquire, by geneculture coevolution, tribal social instincts that simultaneously enable and constrain the (...)
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  7.  56
    Institutional rationality: The complex norms of science.Howard Smokler - 1983 - Synthese 57 (2):129 - 138.
    The claim is made that the norms for justified belief in science require a complex structure of practices and institutional arrangements, that these arrangements have a history which, at crucial junctures, are subject to severe stress, that such severe stress puts at issue the whole epistemic structure of science, and that at present science faces one of these periods, and its future is in doubt.
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  8.  32
    A complexity perspective on institutional design.Scott E. Page - 2012 - Politics, Philosophy and Economics 11 (1):5-25.
    The task of designing effective economic and political institutions requires substantial foresight. The designer must anticipate not only the behavior of individual actors, but also how that behavior will aggregate. Rising complexity brought about by increases in speeds of adaptation, diversity, connectedness, and interdependence make institutional design all the more challenging. Given the focus on equilibria, the extant literature on mechanism design might appear incapable of coping with this complexity. Yet, I suggest that a deeper engagement with (...)
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  9.  65
    Complexity in economic and financial markets:Behind the physical institutions and technologies of the marketplace lie the beliefs and expectations of real human beings.W. Brian Arthur - 1995 - Complexity 1 (1):20-25.
  10.  15
    The failed institutionalization of “complexity science”: A focus on the Santa Fe Institute’s legitimization strategy.Fabrizio Li Vigni - 2020 - History of Science 59 (3):344-369.
    Complexity sciences” are an interdisciplinary and transnational domain of study that aims at modeling natural and social “complex systems.” They appeared in the 1970s in Europe and the United States, but were boosted in the mid-1980s by the Santa Fe Institute under the formula of “science of complexity.” This small but famous institution is the object of the present article. According to their promissory ambitions and to the enthusiastic claims of some scientific journalists, complexity sciences were going (...)
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  11.  11
    The ethical obligations of institutional investors: Managing moral complexity.Jason Skirry, Katherina Pattit & Harry J. Van Buren - 2022 - Business and Society Review 127 (4):757-778.
    Institutional investors control almost 60% of all assets under management worldwide and encompass a wide variety of organizations. Despite this reach, however, institutional investors have not received the normative scrutiny they merit beyond general discussions around their legally grounded fiduciary obligations to their beneficiaries. This paper offers a discussion of institutional investor ethical obligations in light of their specific attributes. We propose that the different characteristics of institutional investors and the diverse roles they play in the (...)
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  12.  32
    Conference on computability, complexity and randomness: Isaac Newton institute, cambridge, uk july 2-6, 2012.Elvira Mayordomo & Wolfgang Merkle - forthcoming - Association for Symbolic Logic: The Bulletin of Symbolic Logic.
    Elvira Mayordomo and Wolfgang Merkle The Bulletin of Symbolic Logic, Volume 19, Issue 1, Page 135-136, March 2013.
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  13.  20
    Conference on Computability, Complexity and Randomness, Isaac Newton Institute, Cambridge, UK, July 2–6, 2012.Elvira Mayordomo & Wolfgang Merkle - 2013 - Bulletin of Symbolic Logic 19 (1):135-136.
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  14.  26
    Hayek at the Santa Fe Institute: Origins, Models, and Organization of the Cradle of Complexity Sciences.Fabrizio Li Vigni - 2022 - Centaurus 64 (2):443-481.
    Complexity sciences are one of the most mediatized scientific fields of the last 40 years. While this domain has attracted the attention of many philosophers of science, its normative views have not yet been the object of any systematic study. This article is a contribution to the thin social science literature about complexity sciences and proposes a contribution focused on an analysis of the origins, models, and organization of the Santa Fe Institute (SFI), cradle of the field. The (...)
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  15. Complexity: a guided tour.Melanie Mitchell - 2009 - New York: Oxford University Press.
    What enables individually simple insects like ants to act with such precision and purpose as a group? How do trillions of individual neurons produce something as extraordinarily complex as consciousness? What is it that guides self-organizing structures like the immune system, the World Wide Web, the global economy, and the human genome? These are just a few of the fascinating and elusive questions that the science of complexity seeks to answer. In this remarkably accessible and companionable book, leading complex (...)
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  16.  3
    Family Life – between Charism and Institution. Signalling Multidimensionality and Complexity of Human Interactions for Business Institutions and Society.Michał Michalski - 2014 - Annales. Ethics in Economic Life 17 (4):35-51.
    This paper analyses the complexity of family life, which includes both its charismatic and institutional aspects. Deepening the understanding of this basic social group can be useful in explaining how human beings in their decisions and actions, as well as organizations, unceasingly transcend different oppositions and dimensions. Undertaking this topic is not only important in the context of understanding the fundamental and complex experience of family life in the process of preparing and introducing new members to society, but (...)
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  17.  21
    Les complexités: point de vue d'un institut des systèmes complexes.Eric Bertin, Guillaume Beslon, Olivier Gandrillon, Sébastian Grauwin, Pablo Jensen & Nicolas Schabanel - 2011 - Hermès: La Revue Cognition, communication, politique 60 (2):145-150.
    Depuis la fin des années 1990, la « complexité » a le vent en poupe. Ce texte présente une réflexion menée à l’Institut rhône-alpin des systèmes complexes sur le rôle que peuvent avoir les instituts pour promouvoir une étude réflexive des systèmes complexes. Il s’appuie également sur une étude empirique du domaine des systèmes complexes perçu à travers le prisme d’une base d’articles de sciences dures. Nous concluons sur la nécessité de permettre la maturation de projets interdisciplinaires.Since the late 1990s, (...)
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  18.  50
    Complex societies.Peter J. Richerson & Robert Boyd - 1999 - Human Nature 10 (3):253-289.
    The complexity of human societies of the past few thousand years rivals that of social insect societies. We hypothesize that two sets of social “instincts” underpin and constrain the evolution of complex societies. One set is ancient and shared with other social primate species, and one is derived and unique to our lineage. The latter evolved by the late Pleistocene, and led to the evolution of institutions of intermediate complexity in acephalous societies. The institutions of complex societies often (...)
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  19.  9
    Perspectives on Adaptation in Natural and Artificial Systems: Proceedings Volume in the Santa Fe Institute Studies in the Sciences of Complexity.Lashon Booker, Stephanie Forrest, Melanie Mitchell & Rick Riolo (eds.) - 2004 - Oxford University Press USA.
    This book is a collection of essays exploring adaptive systems from many perspectives, ranging from computational applications to models of adaptation in living and social systems. The essays on computation discuss history, theory, applications, and possible threats of adaptive and evolving computations systems. The modeling chapters cover topics such as evolution in microbial populations, the evolution of cooperation, and how ideas about evolution relate to economics. The title Perspectives on Adaptation in Natural and Artificial Systems honors John Holland, whose 1975 (...)
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  20.  14
    Why religion is better conceived as a complex system than a norm-enforcing institution.Richard Sosis & Jordan Kiper - 2014 - Behavioral and Brain Sciences 37 (3):275-276.
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  21.  14
    The emergence of the Santa Fe Institute: A complex, adaptive system:In 1984, a group of scientists embarked on a bold new approach to science.George A. Cowan - 1995 - Complexity 1 (3):9-13.
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  22.  69
    Complex societies.Peter J. Richerson & Robert Boyd - 1999 - Human Nature 10 (3):253-289.
    The complexity of human societies of the past few thousand years rivals that of social insect societies. We hypothesize that two sets of social “instincts” underpin and constrain the evolution of complex societies. One set is ancient and shared with other social primate species, and one is derived and unique to our lineage. The latter evolved by the late Pleistocene, and led to the evolution of institutions of intermediate complexity in acephalous societies. The institutions of complex societies often (...)
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  23. Institutional Knowledge and its Normative Implications.Säde Hormio - 2020 - In Rachael Mellin, Raimo Tuomela & Miguel Garcia-Godinez (eds.), Social Ontology, Normativity and Law. Berlin, Germany: De Gruyter. pp. 63-78.
    We attribute knowledge to institutions on a daily basis, saying things like "the government knew about the threat" or "the university did not act upon the knowledge it had about the harassment". Institutions can also attribute knowledge to themselves, like when Maybank Global Banking claims that it offers its customers "deep expertise and vast knowledge" of the Southeast Asia region, or when the United States Geological Survey states that it understands complex natural science phenomena like the probability of earthquakes occurring (...)
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  24.  23
    Managing Tensions and Divergent Institutional Logics in Firm–NPO Partnerships.Alireza Ahmadsimab & Imran Chowdhury - 2019 - Journal of Business Ethics 168 (3):651-670.
    This paper investigates the process through which firms and non-profit organizations reconcile divergent worldviews in the development of firm–NPO partnerships. Drawing on data from two long-lived firm–NPO partnerships, this study suggests that the dynamics of reconciliation in situations of institutional complexity can be better understood by examining how firms and NPOs manage the interplay of both market and social logics in an inter-organizational context. We have found that during the initial stages of collaboration, partners manage differences by engaging (...)
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  25.  13
    Les complexités : point de vue d’un institut des systèmes complexes.Éric Bertin, Guillaume Beslon, Olivier Gandrillon, Sebastian Grauwin, Pablo Jensen & Nicolas Schabanel - 2011 - Hermes 60:, [ p.].
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  26.  10
    Complex Global Microstructures.Karin Knorr Cetina - 2005 - Theory, Culture and Society 22 (5):213-234.
    The new terrorism is a major exemplifying case for complexity theory – for example, it exemplifies major disproportionalities between cause and effect, unpredictable outcomes, and self-organizing, emergent structures. It also illustrates, I argue in this article, the emergence of global microstructures: of forms of connectivity and coordination that combine global reach with microstructural mechanisms that instantiate self-organizing principles and patterns. Global systems based on microstructural principles do not exhibit institutional complexity but rather the asymmetries, unpredictabilities and playfulness (...)
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  27.  17
    Wolfram Elsner, Torsten Heinrich, and Henning Schwardt: The microeconomics of complex economies: evolutionary, institutional, neoclassical and complexity perspectives: Elsevier/academic Press, New York, San Diego, Amsterdam, 2014, xxix + 566 pp.Marco Novarese - 2016 - Mind and Society 15 (1):145-146.
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  28. The Institution of Life in Gehlen and Merleau-Ponty: Searching for the Common Ground for the Anthropological Difference.Jan Halák & Jiří Klouda - 2018 - Human Studies 41 (3):371-394.
    The goal of our article is to review the widespread anthropological figure, according to which we can achieve a better understanding of humans by contrasting them with animals. This originally Herderian approach was elaborated by Arnold Gehlen, who characterized humans as “deficient beings” who become complete through culture. According to Gehlen, humans, who are insufficiently equipped by instincts, indirectly stabilize their existence by creating institutions, i.e., complexes of habitual actions. On the other hand, Maurice Merleau-Ponty shows that corporeal relationship to (...)
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  29.  18
    Watrous, Hadzi-Vallianou, Blitzer The Plain of Phaistos. Cycles of Social Complexity in the Mesara Region of Crete. Pp. xxvi + 673, ills, maps, pls. Los Angeles: Cotsen Institute of Archaeology, University of California, Los Angeles, 2004. Cased, US$60. ISBN: 1-931745-14-5. [REVIEW]P. M. Warren - 2006 - The Classical Review 56 (2):386-388.
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  30.  76
    Institutional Structure and Firm Social Performance in Transitional Economies: Evidence of Multinational Corporations in China.Justin Tan - 2009 - Journal of Business Ethics 86 (S2):171 - 189.
    With the expansion of multinational corporations (MNCs), the alarming upsurge in widely publicized and notable corporate scandals involving MNCs in emerging markets has begun to draw both academic and managerial attention to look beyond home market practices to the pressing concern of CSR in emerging markets. Previous studies on CSR have focused primarily on Western markets, reserving limited discussions in addressing the issue of MNC attitudes and CSR practices in their emerging host markets abroad. Despite this incongruity in academic response (...)
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  31. Weighing Complex Evidence in a Democratic Society.Heather Douglas - 2012 - Kennedy Institute of Ethics Journal 22 (2):139-162.
    Weighing complex sets of evidence (i.e., from multiple disciplines and often divergent in implications) is increasingly central to properly informed decision-making. Determining “where the weight of evidence lies” is essential both for making maximal use of available evidence and figuring out what to make of such evidence. Weighing evidence in this sense requires an approach that can handle a wide range of evidential sources (completeness), that can combine the evidence with rigor, and that can do so in a way other (...)
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  32.  16
    Institutional Antecedents of Partnering for Social Change: How Institutional Logics Shape Cross-Sector Social Partnerships.Clodia Vurro, M. Tina Dacin & Francesco Perrini - 2010 - Journal of Business Ethics 94 (S1):39-53.
    Heeding the call for a deeper understanding of how cross-sector social partnerships can be managed across different contexts, this article integrates ideas from institutional theory with current debate on cross-boundary collaboration. Adopting the point of view of business actors interested in forming a CSSP to address complex social problems, we suggest that “appropriateness” needs shape business approaches toward partnering for social change, exerting an impact on the benefits that can be gained from it. A theoretical framework is proposed that (...)
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  33. Institutions in Economics: The Old and the New Institutionalism.Malcolm Rutherford - 1994 - Cambridge University Press.
    This book examines and compares the two major traditions of institutionalist thinking in economics: the 'old' institutionalism of Veblen, Mitchell, Commons, and Ayres, and the 'new' institutionalism developed more recently from neoclassical and Austrian sources and including the writings of Coase, Williamson, North, Schotter, and many others. The discussion is organized around a set of key methodological, theoretical, and normative problems that necessarily confront any attempt to incorporate institutions into economics. These are identified in terms of the issues surrounding the (...)
     
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  34.  16
    Institutional Corruption.Armin Schulz - 2023 - Journal of Ethics and Social Philosophy 25 (3).
    While corruption has long been recognized as a major social problem, only relatively recently has the importance of a specific institutional form of corruption been noted. However, despite the fact that institutional corruption has come to be seen as very important, it remains a challenge to specify exactly what makes something a case of institutional corruption. To overcome this challenge, this paper argues that institutional corruption is the result of an individual or collective agent acting in (...)
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  35.  7
    Institutional Logics in the UK Construction Industry’s Response to Modern Slavery Risk: Complementarity and Conflict.Christopher Pesterfield & Michael Rogerson - 2023 - Journal of Business Ethics 191 (1):59-75.
    There is a growing understanding that modern slavery is a phenomenon ‘hidden in plain sight’ in the home countries of multinational firms. Yet, business scholarship on modern slavery has so far focussed on product supply chains. To address this, we direct attention to the various institutional pressures on the UK construction industry, and managers of firms within it, around modern slavery risk for on-site labour. Based on a unique data set of 30 in-depth interviews with construction firm managers and (...)
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  36. Institutional Trust: A Less Demanding Form of Trust?Bernd Lahno - 2001 - Revista Latinoamericana de Estudios Avanzados 15:19-58.
    With increasing complexity of the networks of social interaction new and more abstract forms of trust are in need. A conceptual analysis of different forms of trust, namely interpersonal trust, trust in groups and institutional trust is given. It is argued that institutional trust cannot totally replace interpersonal trust. Institutional trust rather builds on more personal forms of trust in that it is primarily formed in personal encounters with salient representatives of the institution and presupposes trust (...)
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  37.  11
    Technology, institutions and regulation: towards a normative theory.Marcus Smith & Seumas Miller - forthcoming - AI and Society:1-11.
    Technology regulation is one of the most important public policy issues facing society and governments at the present time, and further clarity could improve decision making in this complex and challenging area. Since the rise of the internet in the late 1990s, a number of approaches to technology regulation have been proposed, prompted by the associated changes in society, business and law that this development brought with it. However, over the past decade, the impact of technology has been profound and (...)
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  38.  28
    The complex challenges of ethical choices by engineers in public service.Gerald Andrews Emison - 2006 - Science and Engineering Ethics 12 (2):233-244.
    This paper proposes that engineers in public service are confronted with unavoidable complexity in their ethical considerations. The complexity begins with interactions among venues of ethical choices. Engineers must make ethical choices simultaneously at the individual, professional, organizational and societal levels. These ethical domains often conflict. The complexity also stems from situations in which physical properties may remain stable, but important social, economic, institutional and political conditions can change substantially. The paper proposes that the reflective learning (...)
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  39.  45
    Institutional Externalism.Giuliano Torrengo - 2017 - Philosophy of the Social Sciences 47 (1):67-85.
    Many philosophers regard collective behavior and attitudes as the ground of the whole of social reality. According to this popular view, society is composed basically of collective intentions and cooperative behaviors; this is so both for informal contexts involving small groups and for complex institutional structures. In this article, I challenge this view, and propose an alternative approach, which I term institutional externalism. I argue that institutions are characterized by the tendency to defer to elements that are external (...)
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  40.  45
    The Moment of Complexity: Emerging Network Culture.Mark C. Taylor - 2001 - Chicago: University of Chicago Press.
    "_The Moment of Complexity_ is a profoundly original work. In remarkable and insightful ways, Mark Taylor traces an entirely new way to view the evolution of our culture, detailing how information theory and the scientific concept of complexity can be used to understand recent developments in the arts and humanities. This book will ultimately be seen as a classic."-John L. Casti, Santa Fe Institute, author of _Gödel: A Life of Logic, the Mind, and Mathematics_ The science of complexity (...)
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  41.  45
    Social Reform in a Complex World.Jacob Barrett - 2020 - Journal of Ethics and Social Philosophy 17 (2).
    Our world is complex—it is composed of many interacting parts—and this complexity poses a serious difficulty for theorists of social reform. On the one hand, we cannot merely work out ways of ameliorating immediate problems of injustice, because the solutions we generate may interact to set back the achievement of overall long-term justice. On the other, we cannot supplement such problem solving with theorizing about how to make progress towards a long-term goal of ideal justice, because the very interactions (...)
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  42.  5
    Conflicting agendas: personal morality in institutional settings.Don Welch - 1994 - Cleveland, Ohio: Pilgrim Press.
    Anyone who has ever found herself or himself at odds with a boss, a board, a committee, a pastor, family member - or with any other institutional setting of which she or he my be a part - will find this book full of help and insight and wisdom. Conflicting Agendas is an invaluable guide to sorting out the complexities of individual moral existence in an increasingly complex and complicated world.
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  43. Complexity: metaphors, models, and reality.G. Cowan, D. Pines & D. Elliott Meltzer (eds.) - 1994 - Perseus Books.
    The terms complexity, complex adaptive systems, and sciences of complexity are found often in recent scientific literature, reflecting the remarkable growth in collaborative academic research focused on complexity from the origin and dynamics of organisms to the largest social and political organizations. One of the great challenges in this field of research is to discover which features are essential and shared by all of the seemingly disparate systems that are described as complex. Is there sufficient synthesis to (...)
     
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  44.  7
    Le complexe d'Œdipe, cristallisateur du débat psychanalyse/anthropologie.Éric Smadja - 2009 - Paris: Presses universitaires de France.
    Avec Totem et tabou, Freud entame la première démarche majeure d’interprétation psychanalytique de données ethnographiques, le conduisant en particulier à situer le complexe d’Œdipe au fondement des premières institutions sociales et à repérer l’action de processus inconscients dans leur élaboration. De plus, en posant l’universalité du complexe d’Œdipe tant psychique que culturelle, il réalise une véritable effraction dans le champ d’investigation des anthropologues, suscitant chez eux des réactions aussi violentes que variées. C’est cette histoire souvent faite de méconnaissance, de défiance (...)
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  45.  84
    How Institutions Work in Shared Intentionality and ‘We-Mode’ Social Cognition.Jeppe Sinding Jensen - 2016 - Topoi 35 (1):301-312.
    The topics of social ontology, culture, and institutions constitute a problem complex that involves a broad range of human social and cultural cognitive capacities. We-mode social cognition and shared intentionality appear to be crucial in the formation of social ontology and social institutions, which, in turn, provide the bases for the social manifestation of collective and shared psychological attitudes. Humans have ‘hybrid minds’ that inhabit cultural–cognitive ecosystems. Essentially, these consist of social institutions and distributed cognition that afford the common grounds (...)
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  46. The complexity of science.H. P. P. Lotter - 1999 - Koers 64 (4):499-520.
    In this article I present an alternative philosophy of science based on ideas drawn from the study of complex adaptive systems. As a result of the spectacular expansion in scientific disciplines, the number of scientists and scientific institutions in the twentieth century, I believe science can be characterised as a complex system. I want to interpret the processes of science through which scientists themselves determine what counts as good science. This characterisation of science as a complex system can give an (...)
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  47.  23
    Reflexing Complexity.Brian Wynne - 2005 - Theory, Culture and Society 22 (5):67-94.
    Dominant social sciences approaches to complexity suggest that awareness of complexity in late-modern society comes from various recent scientific insights. By examining today’s plant and human genomics sciences, I question this from both ends: first suggesting that typical public culture was already aware of particular salient forms of complexity, such as limits to predictive knowledge ; second, showing how up-to-date genomics science expresses both complexity and its opposites, predictive determinism and reductionism, as coexistent representations of nature (...)
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  48. Institutional pluralism and the limits of the market.Rutger J. G. Claassen - 2009 - Politics, Philosophy and Economics 8 (4):420-447.
    This paper proposes a theory of institutional pluralism to deal with the question whether and to what extent limits should be placed on the market. It reconceives the pluralist position as it was presented by Michael Walzer and others in several respects. First, it argues that the options on the institutional menu should not be principles of distribution but rather economic mechanisms or ‘modes of provision’. This marks a shift from a distributive to a provisional logic. Second, it (...)
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  49.  20
    Newell Allen and Simon Herbert A.. The logic theory machine. A complex information processing system. Institute of Radio Engineers, Transactions on information theory, vol. IT-2 no. 3 , pp. 61–79. [REVIEW]Andrzej Ehrenfeucht - 1957 - Journal of Symbolic Logic 22 (3):331-332.
  50. Complexity in Economics: Macroeconomics, financial markets, and international economics.John Barkley Rosser - 2004 - Edward Elgar Pub.
    Increasingly in economics what had been considered to be unusual and unacceptable has come to be considered usual and acceptable, if not necessarily desirable. Whereas it had been widely believed that economic reality could be reasonably described by sets of pairs of linear supply and demand curves intersecting in single equilibrium points to which markets easily and automatically moved, now it is understood that many markets and situations do not behave so well. Economic reality is rife with nonlinearity, discontinuity, and (...)
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