Entropy, Structure and Critical Complexity

If you want to accomplish more you must become more complex. This means two things: structure and entropy. Structure is what defines functionality, entropy is what allows a system to react in a creative and novel way to a changing and possibly harsh environment


Ontonix S.r.l.: Complexity Profiling and Causality

See on Scoop.itComplexity & Resilience

Complexity is a measure of how much information a system “contains” and how much this information is structured. One could simply sum up the Shannon entropies of each variable and conclude that this is the total amount of information in a system. However, because variables can be correlated, they give rise to structure. Structure means the system can “do more” and, potentially, perform new functions. Structure is present everywhere in Nature.

David G Wilson‘s insight:

The potential to track causality through identification of ‘Causal Relationships’ offers insight where an early warning can serve as a means to prevent a potentially major loss.

Invaluable insight for carriers of financial and insurance risks where the causal relationship between its own profitability and risk profile is apparent…so, WHY, if loss prevention is achievable, are those charged with the responsibility to underwrite such risks, ‘content’ with conventional wisdom and a limited ‘risk horizon’ when:


See on ontonix.blogspot.it