TY - GEN A1 - Battiston, Stefano A1 - Farmer, J. Doyne A1 - Flache, Andreas A1 - Garlaschelli, Diego A1 - Haldane, Andrew G. A1 - Heesterbeek, Hans A1 - Hommes, Cars A1 - Jaeger, Carlo A1 - May, Robert A1 - Scheffer, Marten T1 - COMPLEX SYSTEMS Complexity theory and financial regulation T2 - Science N2 - Traditional economic theory could not explain, much less predict, the near collapse of the financial system and its long-lasting effects on the global economy. Since the 2008 crisis, there has been increasing interest in using ideas from complexity theory to make sense of economic and financial markets. Concepts, such as tipping points, networks, contagion, feedback, and resilience have entered the financial and regulatory lexicon, but actual use of complexity models and results remains at an early stage. Recent insights and techniques offer potential for better monitoring and management of highly interconnected economic and financial systems and, thus, may help anticipate and manage future crises. Y1 - 2016 U6 - https://doi.org/10.1126/science.aad0299 SN - 0036-8075 SN - 1095-9203 VL - 351 SP - 818 EP - 819 PB - American Assoc. for the Advancement of Science CY - Washington ER - TY - GEN A1 - Battiston, Stefano A1 - Farmer, Doyne A1 - Flache, Andreas A1 - Garlaschelli, Diego A1 - Haldane, Andy A1 - Heesterbeek, Hans A1 - Hommes, Cars A1 - Jaeger, Carlo A1 - May, Robert A1 - Scheffer, Marten T1 - Financial complexity: Accounting for fraud Response T2 - Science Y1 - 2016 U6 - https://doi.org/10.1126/science.352.6283.302 SN - 0036-8075 SN - 1095-9203 VL - 352 SP - 302 EP - 302 PB - American Assoc. for the Advancement of Science CY - Washington ER -