Foundations And Applications Of Complexity Economics
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| Author | : J. Barkley Rosser, Jr. |
| Publisher | : Springer Nature |
| Total Pages | : 174 |
| Release | : 2021-05-21 |
| Genre | : Business & Economics |
| ISBN | : 3030706680 |
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.
| Author | : Sunny Y. Auyang |
| Publisher | : Cambridge University Press |
| Total Pages | : 422 |
| Release | : 1998 |
| Genre | : Business & Economics |
| ISBN | : 9780521778268 |
Analyzes approaches to the study of complexity in the physical, biological, and social sciences.
| Author | : David Colander |
| Publisher | : Princeton University Press |
| Total Pages | : 320 |
| Release | : 2016-02-16 |
| Genre | : Business & Economics |
| ISBN | : 0691169136 |
How ideas in complexity can be used to develop more effective public policy Complexity science—made possible by modern analytical and computational advances—is changing the way we think about social systems and social theory. Unfortunately, economists' policy models have not kept up and are stuck in either a market fundamentalist or government control narrative. While these standard narratives are useful in some cases, they are damaging in others, directing thinking away from creative, innovative policy solutions. Complexity and the Art of Public Policy outlines a new, more flexible policy narrative, which envisions society as a complex evolving system that is uncontrollable but can be influenced. David Colander and Roland Kupers describe how economists and society became locked into the current policy framework, and lay out fresh alternatives for framing policy questions. Offering original solutions to stubborn problems, the complexity narrative builds on broader philosophical traditions, such as those in the work of John Stuart Mill, to suggest initiatives that the authors call "activist laissez-faire" policies. Colander and Kupers develop innovative bottom-up solutions that, through new institutional structures such as for-benefit corporations, channel individuals’ social instincts into solving societal problems, making profits a tool for change rather than a goal. They argue that a central role for government in this complexity framework is to foster an ecostructure within which diverse forms of social entrepreneurship can emerge and blossom.
| Author | : Tim Roughgarden |
| Publisher | : |
| Total Pages | : 204 |
| Release | : 2020-03-02 |
| Genre | : Computers |
| ISBN | : 9781680836547 |
This monograph comprises a series of ten lectures divided into two parts. Part 1 focuses on the communication and computational complexity of computing an (approximate) Nash equilibrium. Part 2 focuses on applications of computational complexity theory to game theory and economics.
| Author | : Alberto Quadrio Curzio |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 307 |
| Release | : 2012-12-06 |
| Genre | : Business & Economics |
| ISBN | : 3642500072 |
This volume contains the proceedings of the international conference "Complexity and Industrial Clusters: Dynamics and Models in Theory and Practice", organized by Fondazione Comunita e Innovazione and held in Milan on June 19 and 20, 2001 under the aegis of the Accademia Nazionale dei Lincei (founded in Rome in 1604), one of the oldest and most famous national academies of science in the world. Fondazione Comunita e Innovazione encourages research and the dissemination of knowledge about social, economic, cultural and civil issues. It promotes research and innovation related to local production systems and industrial districts, with special reference to: the interactions between large companies and SMEs (small and medium-size enterprises), the effects of industrial districts on the development and welfare of their communities and of neighbouring areas, the effects of globalisation on these local systems of productions. Fondazione Comunita e Innovazione was created in Milan in 1999. It supports studies, publications, and events, both on its own and in cooperation with corporations, research institutes, foundations, associations and universities. It also grants scientific sponsorship to research that is in line with its mission, as set forth in its by-laws. The founding member of the Fondazione is Edison (formerly Monted:son). The other subscribing members, in historical order, are: Ausimont, Tecnimont, Eridania, Accenture, and PricewaterhouseCoopers.
| Author | : W. Brian Arthur |
| Publisher | : Oxford University Press, USA |
| Total Pages | : 241 |
| Release | : 2015 |
| Genre | : Business & Economics |
| ISBN | : 0199334293 |
A collection of previous published papers by the author on the subject of complexity economics, appearing from the 1980s to the present.
| Author | : Kurt Dopfer |
| Publisher | : Cambridge University Press |
| Total Pages | : 604 |
| Release | : 2005-05-23 |
| Genre | : Business & Economics |
| ISBN | : 9781139443234 |
It is widely recognised that mainstream economics has failed to translate micro consistently into macro economics and to provide endogenous explanations for the continual changes in the economic system. Since the early 1980s, a growing number of economists have been trying to provide answers to these two key questions by applying an evolutionary approach. This new departure has yielded a rich literature with enormous variety, but the unifying principles connecting the various ideas and views presented are, as yet, not apparent. This 2005 volume brings together fifteen original articles from scholars - each of whom has made a significant contribution to the field - in their common effort to reconstruct economics as an evolutionary science. Using meso economics as an analytical entity to bridge micro and macro economics as well as static and dynamic realms, a unified economic theory emerges.
| Author | : L. Douglas Kiel |
| Publisher | : University of Michigan Press |
| Total Pages | : 358 |
| Release | : 2009-11-10 |
| Genre | : Political Science |
| ISBN | : 0472022520 |
Chaos Theory in the Social Sciences: Foundations and Applications offers the most recent thinking in applying the chaos paradigm to the social sciences. The book explores the methodological techniques--and their difficulties--for determining whether chaotic processes may in fact exist in a particular instance and examines implications of chaos theory when applied specifically to political science, economics, and sociology. The contributors to the book show that no single technique can be used to diagnose and describe all chaotic processes and identify the strengths and limitations of a variety of approaches. The essays in this volume consider the application of chaos theory to such diverse phenomena as public opinion, the behavior of states in the international arena, the development of rational economic expectations, and long waves. Contributors include Brian J. L. Berry, Thad Brown, Kenyon B. DeGreene, Dimitrios Dendrinos, Euel Elliott, David Harvey, L. Ted Jaditz, Douglas Kiel, Heja Kim, Michael McBurnett, Michael Reed, Diana Richards, J. Barkley Rosser, Jr., and Alvin M. Saperstein. L. Douglas Kiel and Euel W. Elliott are both Associate Professors of Government, Politics, and Political Economy, University of Texas at Dallas.
| Author | : Göktuğ Morçöl |
| Publisher | : Routledge |
| Total Pages | : 314 |
| Release | : 2013-05-02 |
| Genre | : Political Science |
| ISBN | : 1136283463 |
Complexity theory has become popular in the natural and social sciences over the last few decades as a result of the advancements in our understanding of the complexities in natural and social phenomena. Concepts and methods of complexity theory have been applied by scholars of public affairs in North America and Europe, but a comprehensive framework for these applications is lacking. A Complexity Theory for Public Policy proposes a conceptual synthesis and sets a foundation for future developments and applications. In this book, Göktuğ Morçöl convincingly makes the case that complexity theory can help us understand better the self-organizational, emergent, and co-evolutionary characteristics of complex policy systems. In doing so, he discuss the epistemological implications of complexity theory and the methods complexity researchers use, and those methods they could use. As the complexity studies spread more around the world in the coming decades, the contents of this book will become appealing to larger audiences, particularly to scholars and graduate students in public affairs. The unique combination of synthesis and explanation of concepts and methods found in this book will serve as reference frames for future works.
| Author | : |
| Publisher | : Elsevier |
| Total Pages | : 951 |
| Release | : 2011-05-23 |
| Genre | : Mathematics |
| ISBN | : 0080931227 |
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
