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Emergence: How Simple Rules Create Complex Worlds
Properties that appear at one level but not in the components below
Consciousness, life, and markets all emerge from simpler components following simple rules.
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Emergence occurs when a system exhibits properties that none of its individual parts possess. Wetness is not a property of individual water molecules. Consciousness is not a property of individual neurons. Market prices are not a property of individual traders. Emergence suggests that understanding the parts is never sufficient to understand the whole.
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Question 1 of 1What is emergence in complex systems?