gierdynamik
Gierdynamik is a multidisciplinary theoretical framework that analyzes how greed-driven incentives influence the dynamics of complex systems. It treats greed as a dynamic variable that interacts with information flow, network structure, institutional rules, and strategic behavior to shape collective outcomes in markets, firms, and communities.
Origin and terminology: The term combines the German roots Gier (greed) and Dynamik (dynamics). It emerged in
Core concepts and methods: In gierdynamik, greed is modeled as a time-varying payoff preference or wage of
Applications: The framework is used to examine phenomena such as market bubbles and crashes, corporate incentives,
Criticism and status: Gierdynamik remains debated regarding definitional clarity, empirical measurability, and normative implications. Critics argue