What ever happened to the existance of the ‘Nash Equilibrium’ and Game Theory? Is this evolutionary or de-evolutionary?
Chaos theory studies the behavior of dynamical systems that are highly sensitive to initial conditions—a paradigm popularly referred to as the butterfly effect. Small differences in initial conditions (such as those due to rounding errors in numerical computation) yield widely diverging outcomes for such dynamical systems, rendering long-term prediction impossible in general. This happens even though these systems are deterministic, meaning that their future behavior is fully determined by their initial conditions, with no random elements involved. In other words, the deterministic nature of these systems does not make them predictable.
I tried to hit a friend of mine with this slightly abstract diatribe — thinking I could really wind her up, but not just for the sake of winding her up; it would yield a really great conversation. So after I lay it all on her; all she says, in a very matter of fact way, was: ‘So, that’s what’s going on.’ I didn’t get the great discourse I was hoping for, but in a way I did. If I didn’t, why would I have bothered to remember the conversation? Or more precisely, her sentence. Made me laugh. She pared it all down to fractional form. She might have been chewing gum too… Bravo, baby.