Emergence in the context of Virtual economy

The Scientific Revolution was a series of events that marked the emergence of modern science during the early modern period, when developments in mathematics, physics, astronomy, biology (including human anatomy) and chemistry transformed the views of society about nature.

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are: medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.

Money was historically an emergent market phenomenon that possessed intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar.

Psychology is the scientific study of behavior and mind. Its subject matter includes the behavior of humans and nonhumans, both conscious and unconscious phenomena, and mental processes such as thoughts, feelings, and motives. Psychology is an academic discipline of immense scope, crossing the boundaries between the natural and social sciences. Biological psychologists seek an understanding of the emergent properties of brains, linking the discipline to neuroscience. As social scientists, psychologists aim to understand the behavior of individuals and groups.

A professional practitioner or researcher involved in the discipline is called a psychologist. Some psychologists can also be classified as behavioral or cognitive scientists. Some psychologists attempt to understand the role of mental functions in individual and social behavior. Others explore the physiological and neurobiological processes that underlie cognitive functions and behaviors.

In the social sciences, social structure is the aggregate of patterned social arrangements in society that are both emergent from and determinant of the actions of individuals. Likewise, society is believed to be grouped into structurally related groups or sets of roles, with different functions, meanings, or purposes. Examples of social structure include family, religion, law, economy, and class. It contrasts with "social system", which refers to the parent structure in which these various structures are embedded. Thus, social structures significantly influence larger systems, such as economic systems, legal systems, political systems, cultural systems, etc. Social structure can also be said to be the framework upon which a society is established. It determines the norms and patterns of relations between the various institutions of the society.

Since the 1920s, the term has been in general use in social science, especially as a variable whose sub-components needed to be distinguished in relationship to other sociological variables, as well as in academic literature, as result of the rising influence of structuralism. The concept of "social stratification", for instance, uses the idea of social structure to explain that most societies are separated into different strata (levels), guided (if only partially) by the underlying structures in the social system. There are three conditions for a social class to be steady, that of class cohesiveness, the self-consciousness of classes, and the self-awareness of one's own class. It is also important in the modern study of organizations, as an organization's structure may determine its flexibility, capacity to change, and success. In this sense, structure is an important issue for management.

Biological organization is the organization of complex biological structures and systems that define life using a reductionistic approach. The traditional hierarchy, as detailed below, extends from atoms to biospheres. The higher levels of this scheme are often referred to as an ecological organizational concept, or as the field, hierarchical ecology.

Each level in the hierarchy represents an increase in organizational complexity, with each "object" being primarily composed of the previous level's basic unit. The basic principle behind the organization is the concept of emergence—the properties and functions found at a hierarchical level are not present and irrelevant at the lower levels.

In economics, a market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services (including labour power) to buyers in exchange for money. It can be said that a market is the process by which the value of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any tradeable item to be evaluated and priced. A market emerges more or less spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights (cf. ownership) of services and goods. Markets generally supplant gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, and source of goods for sale (local produce or stock registration).

Markets can differ by products (goods, services) or factors (labour and capital) sold, product differentiation, place in which exchanges are carried, buyers targeted, duration, selling process, government regulation, taxes, subsidies, minimum wages, price ceilings, legality of exchange, liquidity, intensity of speculation, size, concentration, exchange asymmetry, relative prices, volatility and geographic extension. The geographic boundaries of a market may vary considerably, for example the food market in a single building, the real estate market in a local city, the consumer market in an entire country, or the economy of an international trade bloc where the same rules apply throughout. Markets can also be worldwide, see for example the global diamond trade. National economies can also be classified as developed markets or developing markets.

Reductionism is any of several related philosophical ideas regarding the associations between phenomena which can be described in terms of simpler or more fundamental phenomena. It is also described as an intellectual and philosophical position that interprets a complex system as the sum of its parts, contrary to holism. Reductionism tends to focus on the small, predictable details of a system and is often associated with various philosophies like emergence, materialism, and determinism.

A complex system is a system composed of many components that interact with one another. Examples of complex systems are Earth's global climate, organisms, the human brain, infrastructure such as power grid, transportation or communication systems, complex software and electronic systems, social and economic organizations (like cities), an ecosystem, a living cell, and, ultimately, for some authors, the entire universe.

The behavior of a complex system is intrinsically difficult to model due to the dependencies, competitions, relationships, and other types of interactions between their parts or between a given system and its environment. Systems that are "complex" have distinct properties that arise from these relationships, such as nonlinearity, emergence, spontaneous order, adaptation, and feedback loops, among others. Because such systems appear in a wide variety of fields, the commonalities among them have become the topic of their independent area of research. In many cases, it is useful to represent such a system as a network where the nodes represent the components and links represent their interactions.

In sociology, social complexity is a conceptual framework used in the analysis of society. In the sciences, contemporary definitions of complexity are found in systems theory, wherein the phenomenon being studied has many parts and many possible arrangements of the parts; simultaneously, what is complex and what is simple are relative and change in time.

Contemporary usage of the term complexity specifically refers to sociologic theories of society as a complex adaptive system, however, social complexity and its emergent properties are recurring subjects throughout the historical development of social philosophy and the study of social change.

Chemistry is often called the central science because of its role in connecting the physical sciences, which include chemistry, with the life sciences, pharmaceutical sciences and applied sciences such as medicine and engineering. The nature of this relationship is one of the main topics in the philosophy of chemistry and in scientometrics. The phrase was popularized by its use in a textbook by Theodore L. Brown and H. Eugene LeMay, titled Chemistry: The Central Science, which was first published in 1977, with a fifteenth edition published in 2021.

The central role of chemistry can be seen in the systematic and hierarchical classification of the sciences by Auguste Comte. Each discipline provides a more general framework for the area it precedes (mathematics → astronomy → physics → chemistry → biology → social sciences). Balaban and Klein have more recently proposed a diagram showing the partial ordering of sciences in which chemistry may be argued is "the central science" since it provides a significant degree of branching. In forming these connections the lower field cannot be fully reduced to the higher ones. It is recognized that the lower fields possess emergent ideas and concepts that do not exist in the higher fields of science.

The fallacy of composition is an informal fallacy that arises when one infers that something is true of the whole from the fact that it is true of some part of the whole. A trivial example might be: "This tire is made of rubber; therefore, the vehicle of which it is a part is also made of rubber." That is fallacious, because vehicles are made with a variety of parts, most of which are not made of rubber. The fallacy of composition can apply even when a fact is true of every proper part of a greater entity, though. A more complicated example might be: "No atoms are alive. Therefore, nothing made of atoms is alive." This is a statement most people would consider incorrect, due to emergence, where the whole possesses properties not present in any of the parts.

The fallacy of composition is related to the fallacy of hasty generalization, in which an unwarranted inference is made from a statement about a sample to a statement about the population from which the sample is drawn. The fallacy of composition is the converse of the fallacy of division.

Holism is the interdisciplinary idea that systems possess properties as wholes apart from the properties of their component parts.The aphorism "The whole is greater than the sum of its parts", typically attributed to Aristotle, is often given as a summary of this proposal. The concept of holism can inform the methodology for a broad array of scientific fields and lifestyle practices. When applications of holism are said to reveal properties of a whole system beyond those of its parts, these qualities are referred to as emergent properties of that system. Holism in all contexts is often placed in opposition to reductionism, a dominant notion in the philosophy of science that systems containing parts contain no unique properties beyond those parts. Proponents of holism consider the search for emergent properties within systems to be demonstrative of their perspective.

Population genetics is a subfield of genetics that deals with genetic differences within and among populations, and is a part of evolutionary biology. Studies in this branch of biology examine such phenomena as adaptation, speciation, and population structure.

Population genetics was a vital ingredient in the emergence of the modern evolutionary synthesis. Its primary founders were Sewall Wright, J. B. S. Haldane and Ronald Fisher, who also laid the foundations for the related discipline of quantitative genetics. Traditionally a highly mathematical discipline, modern population genetics encompasses theoretical, laboratory, and field work. Population genetic models are used both for statistical inference from DNA sequence data and for proof/disproof of concept.

Robert J. Twiggs (born November 27, 1935) is an American professor of Astronautics and Space Science at Morehead State University. He is responsible, along with Jordi Puig-Suari of California Polytechnic State University, for co-inventing the CubeSat reference design for miniaturized satellites which became an Industry Standard for design and deployment of the satellites.