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Unraveling Complexity: From Mathematical Models to Real-world Applications
This chapter delves into complexity theory, discussing how mathematical models are used to simulate interactions in complex systems like epidemics and financial markets. It explores the evolution of thinking from deterministic views to understanding emergent properties in systems, emphasizing the role of computers in computation. The importance of mathematics in representing and predicting outcomes in complex systems is highlighted, showcasing how small changes can have significant impacts on social systems and the need for nuanced understanding in long-term predictions.