Principles of Complexity Economics

Principles of Complexity Economics PDF Author: Michael Roos
Publisher: Springer Nature
ISBN: 303151436X
Category :
Languages : en
Pages : 759

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Book Description

Principles of Complexity Economics

Principles of Complexity Economics PDF Author: Michael Roos
Publisher: Springer Nature
ISBN: 303151436X
Category :
Languages : en
Pages : 759

Get Book Here

Book Description


The Origin of Wealth

The Origin of Wealth PDF Author: Eric D. Beinhocker
Publisher: Harvard Business Press
ISBN: 9781578517770
Category : Business & Economics
Languages : en
Pages : 556

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Book Description
Beinhocker has written this work in order to introduce a broad audience to what he believes is a revolutionary new paradigm in economics and its implications for our understanding of the creation of wealth. He describes how the growing field of complexity theory allows for evolutionary understanding of wealth creation, in which business designs co-evolve with the evolution of technologies and organizational innovations. In addition to giving his audience a tour of this field of complexity economics, he discusses its implications for real-world issues of business.

Complexity and the Economy

Complexity and the Economy PDF Author: W. Brian Arthur
Publisher: Oxford University Press, USA
ISBN: 0199334293
Category : Business & Economics
Languages : en
Pages : 241

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Book Description
A collection of previous published papers by the author on the subject of complexity economics, appearing from the 1980s to the present.

Principles of Complexity Economics

Principles of Complexity Economics PDF Author: Michael Roos
Publisher: Springer
ISBN: 9783031514357
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
This textbook serves as an introduction to the rising field of complexity economics. In thirteen chapters, it provides a comprehensive and systematic overview of the concepts and methods of complexity economics and their applications to economic issues. The book explains that the complexity approach is not just another method, but a worldview that is different from the one of academics with neoclassical training. By contrasting complexity economics with neoclassical economics, the readers are induced to reflect on their own unconscious beliefs about the economic world and develop their own approach to dealing with the pervasive complexities and uncertainties of reality. The first five chapters serve as an introduction and overview. Chapters 6 - 12 present the core concepts of the book. Each of the seven chapters introduces a key concept of complexity and provides applications to economics topics. The final chapter discusses the implications of complexity thinking for economic policy and for the future development of economics. This textbook addresses advanced undergraduate students and graduate students of economics, interested in a better understanding of the concepts and the way of thinking in complexity economics, as well as in acquiring a sound technical foundation to understand most of the research literature.

The Microeconomics of Complex Economies

The Microeconomics of Complex Economies PDF Author: Wolfram Elsner
Publisher: Academic Press
ISBN: 0124115993
Category : Business & Economics
Languages : en
Pages : 599

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Book Description
The Microeconomics of Complex Economies uses game theory, modeling approaches, formal techniques, and computer simulations to teach useful, accessible approaches to real modern economies. It covers topics of information and innovation, including national and regional systems of innovation; clustered and networked firms; and open-source/open-innovation production and use. Its final chapter on policy perspectives and decisions confirms the value of the toolset. Written so chapters can be used independently, the book includes an introduction to computer simulation and pedagogical supplements. Its formal, accessible treatment of complexity goes beyond the scopes of neoclassical and mainstream economics. The highly interdependent economy of the 21st century demands a reconsideration of economic theories. Describes the usefulness of complex heterodox economics Emphasizes divergences and convergences with neoclassical economic theories and perspectives Fits easily into courses on intermediate microeconomics, industrial organization, and games through self-contained chapters

Introduction to the Theory of Complex Systems

Introduction to the Theory of Complex Systems PDF Author: Stefan Thurner
Publisher:
ISBN: 9780191861062
Category : Social sciences
Languages : en
Pages : 431

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Book Description
Complex systems are everywhere. Ecosystems, financial markets, traffic, the economy, the internet and social media are complex systems. This textbook summarizes our understanding of complex systems and the methodological progress made over the past 20 years in a clear, structured, and comprehensive way.

Foundations and Applications of Complexity Economics

Foundations and Applications of Complexity Economics PDF Author: Rosser, Jr. (J. Barkley)
Publisher:
ISBN: 9783030706692
Category :
Languages : en
Pages : 0

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Book Description
This book presents a survey of the aspects of economic complexity, with a focus on foundational, interdisciplinary ideas. The long-awaited follow up to his 2011 volume Complex Evolutionary Dynamics in Urban-Regional and Ecologic-Economic Systems: From Catastrophe to Chaos and Beyond, this volume draws together the threads of Rosser's earlier work on complexity theory and its wide applications in economics and an expanded list of related disciplines. The book begins with a full account of the broader categories of complexity in economics--dynamic, computational, hierarchical, and structural--before shifting to more detailed analysis. The next two chapters address problems associated with computational complexity, especially those of computability, and discuss the Godel Incompleteness Theorem with a focus on reflexivity. The middle chapters discuss the relationship between entropy, econophysics, evolution, and economic complexity, respectively, with applications in urban and regional dynamics, ecological economics, general equilibrium theory, as well as financial market dynamics. The final chapter works to bring together these themes into a broader framework and expose some of the limits concerning analysis of deeper foundational issues. With applications in all disciplines characterized by interconnected nonlinear adaptive systems, this book is appropriate for graduate students, professors and practitioners in economics and related disciplines such as regional science, mathematics, physics, biology, environmental sciences, philosophy, and psychology.

Principles of Commodity Economics and Finance

Principles of Commodity Economics and Finance PDF Author: Daniel P. Ahn
Publisher: MIT Press
ISBN: 0262347881
Category : Business & Economics
Languages : en
Pages : 229

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Book Description
A rigorous but practical introduction to the economic, financial, and political principles underlying commodity markets. Commodities have become one of the fastest growing asset classes of the last decade and the object of increasing attention from investors, scholars, and policy makers. Yet existing treatments of the topic are either too theoretical, ignoring practical realities, or largely narrative and nonrigorous. This book bridges the gap, striking a balance between theory and practice. It offers a solid foundation in the economic, financial, and political principles underlying commodities markets. The book, which grows out of courses taught by the author at Columbia and Johns Hopkins, can be used by graduate students in economics, finance, and public policy, or as a conceptual reference for practitioners. After an introduction to basic concepts and a review of the various types of commodities—energy, metals, agricultural products—the book delves into the economic and financial dynamics of commodity markets, with a particular focus on energy. The text covers fundamental demand and supply for resources, the mechanics behind commodity financial markets, and how they motivate investment decisions around both physical and financial portfolio exposure to commodities, and the evolving political and regulatory landscape for commodity markets. Additional special topics include geopolitics, financial regulation, and electricity markets. The book is divided into thematic modules that progress in complexity. Text boxes offer additional, related material, and numerous charts and graphs provide further insight into important concepts.

Complexity and the History of Economic Thought

Complexity and the History of Economic Thought PDF Author:
Publisher: Routledge
ISBN: 1134785097
Category :
Languages : en
Pages : 262

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Book Description


Philosophy of Complex Systems

Philosophy of Complex Systems PDF Author:
Publisher: Elsevier
ISBN: 0080931227
Category : Mathematics
Languages : en
Pages : 951

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Book Description
The domain of nonlinear dynamical systems and its mathematical underpinnings has been developing exponentially for a century, the last 35 years seeing an outpouring of new ideas and applications and a concomitant confluence with ideas of complex systems and their applications from irreversible thermodynamics. A few examples are in meteorology, ecological dynamics, and social and economic dynamics. These new ideas have profound implications for our understanding and practice in domains involving complexity, predictability and determinism, equilibrium, control, planning, individuality, responsibility and so on.Our intention is to draw together in this volume, we believe for the first time, a comprehensive picture of the manifold philosophically interesting impacts of recent developments in understanding nonlinear systems and the unique aspects of their complexity. The book will focus specifically on the philosophical concepts, principles, judgments and problems distinctly raised by work in the domain of complex nonlinear dynamical systems, especially in recent years. -Comprehensive coverage of all main theories in the philosophy of Complex Systems -Clearly written expositions of fundamental ideas and concepts -Definitive discussions by leading researchers in the field -Summaries of leading-edge research in related fields are also included