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Analogous Models of Complexity: The Austrian Theory of Capital and Hayes Theory of Cognition as Adaptive Classifying Systems Steven Horowitz Department of Economics St. Lawrence University 168 Whitman
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Understand the problem: Before filling out analogous models of complexity, it is important to have a clear understanding of the problem at hand. Identify the key elements, variables, and relationships involved.
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Identify relevant analogies: Look for analogies or similar problems that have already been solved in the same or a related field. These analogies should share similar characteristics or complexities with the problem you are trying to solve.
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Map the complexity: Create a visual representation or model that captures the complexity of the problem. This can be done using diagrams, flowcharts, or any other suitable format. Identify the various components, their interactions, and any dependencies that exist.
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Continuously iterate and refine: Models of complexity are not static, and they should be continuously iterated and refined as new information becomes available or as the problem evolves. Regularly revisit and update the model to ensure its accuracy and effectiveness in addressing the problem at hand.

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Analogous models of complexity are simplified representations used to better understand complex systems or processes.
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