The study of control and communication, focusing on how social systems self-regulate and maintain stability through information exchange. Practical Applications
Social systems are "non-linear," meaning small changes (like a new tax law) can lead to massive, unpredictable effects.
Large-scale social patterns (like market trends or cultural shifts) emerge from the simple, everyday interactions of individuals. Methodologies and Tools
A field of economics (often called "reverse game theory") used to create rules or incentives that encourage people to act in ways that benefit the whole group.