Professor in Political Science and Computer and Information Science

David Lazer

decentralized system

Journal Article
Publication date: 
08/2012
Authors: 
David Lazer
Ines Mergel
Curtis Ziniel
Kevin Esterling
Michael Neblo

How do decentralized systems deal with innovation? In particular, how do they aggregate the myriad experiences of their component parts, facilitate diffusion of information, and encourage investments in innovation? This is a classic problem in the study of human institutions.

Keywords: 
collective problem solving
market
network
hierarchy
decentralized system
diffusion of information
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