Bits and Bucks: Modeling complex systems by information flow
This paper presents a general method for modeling and characterizing complex systems in terms of flows of information together with flows of conserved or quasi-conserved quantities such as energy or money. Using mathematical techniques borrowed from statistical mechanics and from physics of computat...
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Format: | Working Paper |
Language: | en_US |
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Massachusetts Institute of Technology. Engineering Systems Division
2016
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Online Access: | http://hdl.handle.net/1721.1/102745 |
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author | Lloyd, Seth |
author_facet | Lloyd, Seth |
author_sort | Lloyd, Seth |
collection | MIT |
description | This paper presents a general method for modeling and characterizing complex systems in terms of flows of information together with flows of conserved or quasi-conserved quantities such as energy or money. Using mathematical techniques borrowed from statistical mechanics and from physics of computation, a framework is constructed that allows general systems to be modeled in terms of how information, energy, money, etc. flow between subsystems. Physical, chemical, biological, engineering, and commercial systems can all be analyzed within this framework. |
first_indexed | 2024-09-23T12:48:47Z |
format | Working Paper |
id | mit-1721.1/102745 |
institution | Massachusetts Institute of Technology |
language | en_US |
last_indexed | 2024-09-23T12:48:47Z |
publishDate | 2016 |
publisher | Massachusetts Institute of Technology. Engineering Systems Division |
record_format | dspace |
spelling | mit-1721.1/1027452019-04-12T16:23:51Z Bits and Bucks: Modeling complex systems by information flow Lloyd, Seth This paper presents a general method for modeling and characterizing complex systems in terms of flows of information together with flows of conserved or quasi-conserved quantities such as energy or money. Using mathematical techniques borrowed from statistical mechanics and from physics of computation, a framework is constructed that allows general systems to be modeled in terms of how information, energy, money, etc. flow between subsystems. Physical, chemical, biological, engineering, and commercial systems can all be analyzed within this framework. 2016-06-01T13:40:46Z 2016-06-01T13:40:46Z 2002-05 Working Paper http://hdl.handle.net/1721.1/102745 en_US ESD Working Papers;ESD-WP-2003-01.17-ESD Internal Symposium application/pdf Massachusetts Institute of Technology. Engineering Systems Division |
spellingShingle | Lloyd, Seth Bits and Bucks: Modeling complex systems by information flow |
title | Bits and Bucks: Modeling complex systems by information flow |
title_full | Bits and Bucks: Modeling complex systems by information flow |
title_fullStr | Bits and Bucks: Modeling complex systems by information flow |
title_full_unstemmed | Bits and Bucks: Modeling complex systems by information flow |
title_short | Bits and Bucks: Modeling complex systems by information flow |
title_sort | bits and bucks modeling complex systems by information flow |
url | http://hdl.handle.net/1721.1/102745 |
work_keys_str_mv | AT lloydseth bitsandbucksmodelingcomplexsystemsbyinformationflow |