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- W2476115655 abstract "This chapter further develops an agent-based model of economic production from the previous chapter. It shows that certain limitations intrinsic to the original hypercycle model—in particular, complexity barriers and vulnerability to parasites—are overcome once autocatalysis takes place in a spatial context, rather than in random-topology liquids. Localized heterogeneity in spatial interaction induces the inscription of path dependencies into cells. This explains why life becomes enhanced once it is embodied. The model also demonstrates why altruism and stigmergy produce more complex rule-chemistries. Altruistic reproduction and stigmergy are superior to selfish reproduction and fixed environments, respectively, because of their superior capacities for self-repair. Beyond suggestive specifics, the hypercycle model and its extensions show how chemistry and economic production and trading in markets can be mapped onto each other, sparking insights for both sides." @default.
- W2476115655 created "2016-08-23" @default.
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- W2476115655 date "2012-12-31" @default.
- W2476115655 modified "2023-09-23" @default.
- W2476115655 title "3. Economic Production as Chemistry II" @default.
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- W2476115655 doi "https://doi.org/10.1515/9781400845552-007" @default.
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