System catastrophe
A distributive model for collective phenomenon
Bibliographic Data
| ID | 10142685 |
|---|---|
| Authors | Fu Chang (Institute of Information Science, Academia Sinica, corresponding author), Jar-Der Luo (0000-0002-1387-9849, Yuan Ze University) |
| Year | 2002 |
| Volume | 26 |
| Issue | 1-2 |
| Pages | 93-109 |
| Publication date | 2002-01-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Mathematical Sociology (JOURNAL) |
| Journal identifiers | ISSN: 0022-250X • E-ISSN: 1545-5874 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/00222500210523 |
| OpenAlex | W2073547626 |
| Language | EN |
| Citations received | 1 |
| References cited | 4 |
The phenomenon of system catastrophe often occurs in a system with a network structure. A system's resources can be utilized in two different modes: efficiently or inefficiently. When actions with inefficient mode pose no threat to other users or, in other words, when they employ resources that would otherwise be idle, they do not waste the system's resources at all. But when critical levels of inefficient uses of system's resources are reached, there is a sudden decrease in the capacity of the system due to the multiplication effects of inefficient factors. This collective inefficiency results in everyone getting worse in average. The common theme behind the catastrophe phenomenon demonstrates a possible explanation for the famous question about the choice between market and hierarchy. That is, when all firms pursue their own individual interests, resulting in a collective breakdown, they turn to consolidated ways of carrying out transactions
Business · Distributive property · Economics · Epistemology · Hierarchy · Inefficiency · Law and economics · Market economy · Microeconomics · Mode (computer interface · Phenomenon · Business Strategy and Innovation · Complex Systems and Time Series Analysis · Computer Science · Game Theory and Applications
| Citations per year | 1 |
|---|---|
| Citation span | 2026 - 2026 (1) |
| Highly cited | No |