Using computational methods to model, simulate, and analyze social phenomena.
Compendium
Jun 11, 2024The division of labor is key to economic growth and productivity. Balancing centralized and decentralized control is vital. Research shows a blend of both fosters innovation, growth, and productivity. Organizational culture and social networks play crucial roles. Effective teams require complementary skills and coordination. Understanding network structures and fostering the right culture can enhance team performance and cooperation.
by Karen Cook, Tom Malone
Compendium
May 16, 2021The social distancing mandated by the coronavirus pandemic, along with its other dislocations, has highlighted for many the importance of ‘social capital.’ Bank of England Chief Economist Andy Haldane defines the term as referring to “the network of relationships across communities support and strengthen societies.” ...cont