Financial Markets, Institutions and Risks (Mar 2024)

Complex Systems in Interdisciplinary Interaction

  • Ana Njegovanović

DOI
https://doi.org/10.61093/fmir.8(1).94-107.2024
Journal volume & issue
Vol. 8, no. 1
pp. 94 – 107

Abstract

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Complex systems consist of many components that interact with each other, and nonlinearity is fundamental in the dynamics that arise as a result of the interaction of these components and cannot be studied by observing only a small part of the system. A large number of them make fluctuations an integral part of their dynamics. Through interdisciplinary research, we integrate different disciplines and methodological approaches. We study complexity from different angles through topics that include neuroscience, artificial intelligence, and quantum physics. We have sought to explore these topics that have gained progressive interest in scientific circles as well as outside academic circles, influencing many areas outside academic research. Two goals connect our research. First, theoretical insights from neuroscience, artificial intelligence and quantum physics of the financial stock market. "Financial stock markets are sophisticated machines intertwined with scientific networks" (Ana Negovanović, 2024). They are the core of a system of different blocks that interact on the financial market in an interdisciplinary interaction of the most complex structures, neural networks with interconnected nodes. Second, new technologies- convergence of technologies, new industries, space industry through chaos theory. Investigating the attributes of complex systems is structure. Systems are structured in such a way that some parts of the system are specialized, and systems can naturally be divided into different levels of organization, which should be modeled at different levels of detail. An important component of systems understanding is the ability to break down a system model into its component parts and levels to see how the parts behave and how to connect the parts and levels to understand the overall dynamics and structure of the system. Perhaps one of the most transparent examples of the importance of structure in thinking about complex systems is the space program, where one must equally consider the behavior of individual components and the dynamics of how those components interact with each other.

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