Abstract
The economics of organization asks why we observe the organizational variety we do, why that observed variety is only a subset of all possible organization types, and how organizational forms change. This review essay evaluates Stuart Kauffman's NK models from the complexity sciences for investigating these questions. Such models focus on the statistical properties of complex systems that allow us to examine the total ensemble of organization types, which types are ‘neighbors’ of which other types, and the pattern of change in organizational forms, as well as situations where the interactions among the relevant elements or the dynamic characteristics of the system are unknown.
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