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Author : Amal Sanyal
Publisher :
ISBN 13 : 9781877176524
Total Pages : 10 pages
Book Rating : 4.1/5 (765 download)
Download or read book Complex Dynamics and Elementary Economic Theory written by Amal Sanyal and published by . This book was released on 1999 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Richard Hollis Day
Publisher : MIT Press
ISBN 13 : 9780262041720
Total Pages : 436 pages
Book Rating : 4.0/5 (417 download)
Download or read book Complex Economic Dynamics: An introduction to macroeconomic dynamics written by Richard Hollis Day and published by MIT Press. This book was released on 1994 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The two volumes of Complex Economic Dynamics show that, far from being a passing trend in economic research, complex dynamics belongs at the heart of the subject. Although they can be read independently, the volumes follow a logical sequence. Volume 1 contained nontechnical introductions to the basics of economic change and to the mathematical and theoretical tools used to describe them. Volume 2, which is concerned with macroeconomic dynamics, looks at the economy as a whole. Topics include business cycles, economic growth, economic development, and dynamical economic science and policy. The book concludes with the author's reflections on the implications of complex dynamics for economic theory, quantitative research, and government policy."--Pub. desc.
Author : Klaus Mainzer
Publisher : Springer Science & Business Media
ISBN 13 : 3662132141
Total Pages : 373 pages
Book Rating : 4.6/5 (621 download)
Download or read book Thinking in Complexity written by Klaus Mainzer and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new edition also treats smart materials and artificial life. A new chapter on information and computational dynamics takes up many recent discussions in the community.
Author : Anders Borglin
Publisher : Springer Science & Business Media
ISBN 13 : 3662051974
Total Pages : 407 pages
Book Rating : 4.6/5 (62 download)
Download or read book Economic Dynamics and General Equilibrium written by Anders Borglin and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: The developments of economic theory in the 1950s served to pinpoint important underlying assumptions in the study of market institutions. The conflict between observed institutions and the benchmark interpretation became apparent. This led to the introduction of new equilibrium concepts. The emphasis was on the possibilities to transfer purchasing power over time using spot markets involving assets or money. This advanced textbook focuses on the developments in the theory of incomplete markets and overlapping generations economies where income transfers over time are restricted either by available assets or by the unfeasibility of contracts with unborn generations. It bridges the gap between standard textbooks on microeconomics and more advanced expositions. Contains diagrams, examples and exercises.
Author : John Stachurski
Publisher : MIT Press
ISBN 13 : 0262544776
Total Pages : 395 pages
Book Rating : 4.2/5 (625 download)
Download or read book Economic Dynamics, second edition written by John Stachurski and published by MIT Press. This book was released on 2022-08-16 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of a rigorous and example-driven introduction to topics in economic dynamics that emphasizes techniques for modeling dynamic systems. This text provides an introduction to the modern theory of economic dynamics, with emphasis on mathematical and computational techniques for modeling dynamic systems. Written to be both rigorous and engaging, the book shows how sound understanding of the underlying theory leads to effective algorithms for solving real-world problems. The material makes extensive use of programming examples to illustrate ideas, bringing to life the abstract concepts in the text. Key topics include algorithms and scientific computing, simulation, Markov models, and dynamic programming. Part I introduces fundamentals and part II covers more advanced material. This second edition has been thoroughly updated, drawing on recent research in the field. New for the second edition: “Programming-language agnostic” presentation using pseudocode. New chapter 1 covering conceptual issues concerning Markov chains such as ergodicity and stability. New focus in chapter 2 on algorithms and techniques for program design and high-performance computing. New focus on household problems rather than optimal growth in material on dynamic programming. Solutions to many exercises, code, and other resources available on a supplementary website.
Author : Simon Nelson Patten
Publisher :
ISBN 13 :
Total Pages : 186 pages
Book Rating : 4.3/5 (91 download)
Download or read book The Theory of Dynamic Economics written by Simon Nelson Patten and published by . This book was released on 1892 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Richard Hollis Day
Publisher :
ISBN 13 :
Total Pages : 430 pages
Book Rating : 4.3/5 (91 download)
Download or read book Complex Economic Dynamics: An introduction to macroeconomic dynamics written by Richard Hollis Day and published by . This book was released on 1994 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The two volumes of Complex Economic Dynamics show that, far from being a passing trend in economic research, complex dynamics belongs at the heart of the subject. Although they can be read independently, the volumes follow a logical sequence. Volume 1 contained nontechnical introductions to the basics of economic change and to the mathematical and theoretical tools used to describe them. Volume 2, which is concerned with macroeconomic dynamics, looks at the economy as a whole. Topics include business cycles, economic growth, economic development, and dynamical economic science and policy. The book concludes with the author's reflections on the implications of complex dynamics for economic theory, quantitative research, and government policy."--Pub. desc.
Author : Alan Kirman
Publisher : Routledge
ISBN 13 : 1136941673
Total Pages : 366 pages
Book Rating : 4.1/5 (369 download)
Download or read book Complex Economics written by Alan Kirman and published by Routledge. This book was released on 2010-09-13 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic crisis is also a crisis for economic theory. Most analyses of the evolution of the crisis invoke three themes, contagion, networks and trust, yet none of these play a major role in standard macroeconomic models. What is needed is a theory in which these aspects are central. The direct interaction between individuals, firms and banks does not simply produce imperfections in the functioning of the economy but is the very basis of the functioning of a modern economy. This book suggests a way of analysing the economy which takes this point of view. The economy should be considered as a complex adaptive system in which the agents constantly react to, influence and are influenced by, the other individuals in the economy. In such systems which are familiar from statistical physics and biology for example, the behaviour of the aggregate cannot be deduced from the behaviour of the average, or "representative" individual. Just as the organised activity of an ants’ nest cannot be understood from the behaviour of a "representative ant" so macroeconomic phenomena should not be assimilated to those associated with the "representative agent". This book provides examples where this can clearly be seen. The examples range from Schelling’s model of segregation, to contributions to public goods, the evolution of buyer seller relations in fish markets, to financial models based on the foraging behaviour of ants. The message of the book is that coordination rather than efficiency is the central problem in economics. How do the myriads of individual choices and decisions come to be coordinated? How does the economy or a market, "self organise" and how does this sometimes result in major upheavals, or to use the phrase from physics, "phase transitions"? The sort of system described in this book is not in equilibrium in the standard sense, it is constantly changing and moving from state to state and its very structure is always being modified. The economy is not a ship sailing on a well-defined trajectory which occasionally gets knocked off course. It is more like the slime described in the book "emergence", constantly reorganising itself so as to slide collectively in directions which are neither understood nor necessarily desired by its components.
Author : J. Barkley Rosser
Publisher : Springer
ISBN 13 : 9781489998712
Total Pages : 0 pages
Book Rating : 4.9/5 (987 download)
Download or read book Complex Evolutionary Dynamics in Urban-Regional and Ecologic-Economic Systems written by J. Barkley Rosser and published by Springer. This book was released on 2014-10-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on the middle chapters from the first edition of J. Barkley Rosser's seminal work, From Catastrophe to Chaos, this book presents an unusual perspective on economics and economic analysis. Current economic theory largely depends upon assuming that the world is fundamentally continuous. However, an increasing amount of economic research has been done using approaches that allow for discontinuities such as catastrophe theory, chaos theory, synergetics, and fractal geometry. The spread of such approaches across a variety of disciplines of thought has constituted a virtual intellectual revolution in recent years. This book reviews the applications of these approaches in various subdisciplines of economics and draws upon past economic thinkers to develop an integrated view of economics as a whole from the perspective of inherent discontinuity.
Author : Philip W. Anderson
Publisher : Westview Press
ISBN 13 : 9780201156850
Total Pages : 340 pages
Book Rating : 4.1/5 (568 download)
Download or read book The Economy As An Evolving Complex System written by Philip W. Anderson and published by Westview Press. This book was released on 1988-01-22 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proceeds from a meeting at the Santa Fe Institute where economists and physical and biological scientists came together to discuss a conceptual framework incorporating a more appropriate mathematics with a greatly strengthened capacity to deal simultaneously with multiple variables, nonlinearity, incomplete information and dynamical processes.
Author : Luigi Pasinetti
Publisher : Cambridge University Press
ISBN 13 : 9780521029766
Total Pages : 212 pages
Book Rating : 4.0/5 (297 download)
Download or read book Structural Economic Dynamics written by Luigi Pasinetti and published by Cambridge University Press. This book was released on 2006-11-02 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a theoretical investigation of the influence of human learning on the development through time of a 'pure labour' economy. The theory proposed is a simple one, but aims to grasp the essential features of all industrial economies. Economists have long known that two basic phenomena lie at the root of long-term economic movements in industrial societies: capital accumulation and technical progress. Attention has been concentrated on the former. In this book, by contrast, technical progress is assigned the central role. Within a multi-sector framework, the author examines the structural dynamics of prices, production and employment (implied by differentiated rates of productivity growth and expansion of demand) against a background of 'natural' relations. He also considers a number of institutional problems. Institutional and social learning, know-how, and the diffusion of knowledge emerge as the decisive factors accounting for the success and failure of industrial societies.
Author : Abraham C.-L. Chian
Publisher : Springer Science & Business Media
ISBN 13 : 3540397531
Total Pages : 109 pages
Book Rating : 4.5/5 (43 download)
Download or read book Complex Systems Approach to Economic Dynamics written by Abraham C.-L. Chian and published by Springer Science & Business Media. This book was released on 2007-08-17 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statistical analysis of stock markets and foreign exchange markets has demonstrated the intermittent nature of economic time series. A nonlinear model of business cycles is able to simulate intermittency arising from order-chaos and chaos-chaos transitions. This monograph introduces new concepts of unstable periodic orbits and chaotic saddles, which are unstable structures embedded in a chaotic attractor and responsible for economic intermittency.
Author : Jean-Pierre Aubin
Publisher : Springer
ISBN 13 :
Total Pages : 546 pages
Book Rating : 4.F/5 ( download)
Download or read book Dynamic Economic Theory written by Jean-Pierre Aubin and published by Springer. This book was released on 1997-05-20 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended to provide economists with mathematical tools necessary to handle the concepts of evolution under uncertainty and adaption arising in economics, pursuing the Arrow-Debreu-Hahn legacy. It applies the techniques of viability theory to the study of economic systems evolving under contingent uncertainty, faced with scarcity constraints, and obeying various implementation of the inertia principle. The book illustrates how new tools can be used to move from static analysis, built on concepts of optima, equilibria and attractors to a contingent dynamic framework.
Author : Giuseppe Orlando
Publisher : Springer Nature
ISBN 13 : 3030709825
Total Pages : 361 pages
Book Rating : 4.0/5 (37 download)
Download or read book Nonlinearities in Economics written by Giuseppe Orlando and published by Springer Nature. This book was released on 2021-08-31 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: This interdisciplinary book argues that the economy has an underlying non-linear structure and that business cycles are endogenous, which allows a greater explanatory power with respect to the traditional assumption that dynamics are stochastic and shocks are exogenous. The first part of this work is formal-methodological and provides the mathematical background needed for the remainder, while the second part presents the view that signal processing involves construction and deconstruction of information and that the efficacy of this process can be measured. The third part focuses on economics and provides the related background and literature on economic dynamics and the fourth part is devoted to new perspectives in understanding nonlinearities in economic dynamics: growth and cycles. By pursuing this approach, the book seeks to (1) determine whether, and if so where, common features exist, (2) discover some hidden features of economic dynamics, and (3) highlight specific indicators of structural changes in time series. Accordingly, it is a must read for everyone interested in a better understanding of economic dynamics, business cycles, econometrics and complex systems, as well as non-linear dynamics and chaos theory.
Author : Ronald Shone
Publisher : Cambridge University Press
ISBN 13 : 9780521816847
Total Pages : 722 pages
Book Rating : 4.8/5 (168 download)
Download or read book Economic Dynamics written by Ronald Shone and published by Cambridge University Press. This book was released on 2002-11-28 with total page 722 pages. Available in PDF, EPUB and Kindle. Book excerpt: This substantially revised and restructured second edition of an essential textbook presents dynamics and phase diagrams for advanced undergraduate and graduate courses in economic theory and quantitative economics. It offers an integrated analysis of dynamics that includes many more exercises and examples and a more comprehensive range of applications to economic theory. The user-friendly text is supported by a companion website offering a solutions manual and learning tools for teachers, students and researchers. First Edition Hb (1997): 0-521-47446-9 First Edition Pb (1997): 0-521-47973-8
Author : Klaus Mainzer
Publisher : Springer
ISBN 13 :
Total Pages : 348 pages
Book Rating : 4.3/5 (91 download)
Download or read book Thinking in Complexity written by Klaus Mainzer and published by Springer. This book was released on 1994-11-04 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory of nonlinear complex systems has become a successful and widely used problem-solving approach in the natural sciences - from laser physics, quantum chaos and meteorology to molecular modeling in chemistry and computer simulations of cell growth in biology. In recent times it has been recognized that many of the social, ecological and political problems of mankind are also of a global, complex and nonlinear nature. And one of the most exciting topics of present scientific and public interest is the idea that even the human mind is governed largely by the nonlinear dynamics of complex systems. In this wide-ranging but concise treatment Prof. Mainzer discusses, in nontechnical language, the common framework behind these endeavours. Special emphasis is given to the evolution of new structures in natural and cultural systems and it is seen clearly how the new integrative approach of complexity theory can give new insights that were not available using traditional reductionistic methods.
Author : Takashi Negishi
Publisher : Springer Science & Business Media
ISBN 13 : 1461516773
Total Pages : 542 pages
Book Rating : 4.4/5 (615 download)
Download or read book Economic Theory, Dynamics and Markets written by Takashi Negishi and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 542 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Theory, Dynamics, and Markets. The collection of essays in honor of Ryuzo Sato, written by his colleagues and students, covers the many fields of economic theory and policy to which he has contributed. The first section pays tribute to his contributions to mathematical economics and economic theory. Ryuzo Sato is known for his work in growth theory and technical progress, and the second section has a number of papers on macroeconomics and dynamics. The third section has a number of papers on financial markets and their functioning in Japan and the United States. The next section examines various aspects of the economics of firms and industry. Ryuzo Sato has been very involved in analyzing the economic and business relations between Japan and the United States, and the last section is devoted to comparative analysis of economic systems.
