Computation And Complexity In Economic Behavior And Organization

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Computation and Complexity in Economic Behavior and Organization

Author : Kenneth R. Mount
Publisher : Cambridge University Press
ISBN 13 : 1139433733
Total Pages : 251 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Computation and Complexity in Economic Behavior and Organization by : Kenneth R. Mount

Download or read book Computation and Complexity in Economic Behavior and Organization written by Kenneth R. Mount and published by Cambridge University Press. This book was released on 2002-06-24 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a model of computing and a measure of computational complexity which are intended to facilitate analysis of computations performed by people, machines, or a mixed system of people and machines. The model is designed to apply directly to models of economic theory, which typically involve continuous variables and smooth functions, without requiring analysis of approximations. The model permits analysis of the feasibility and complexity of the calculations required of economic agents in order for them to arrive at their decisions. The treatment contains applications of the model to game theory and economics, including comparison of the complexities of different solution concepts in certain bargaining games, and the trade-off between communication and computation in an example of an Edgeworth Box economy.

The Collected Papers of Leonid Hurwicz

Author : Samiran Banerjee
Publisher : Oxford University Press
ISBN 13 : 0199313288
Total Pages : 407 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis The Collected Papers of Leonid Hurwicz by : Samiran Banerjee

Download or read book The Collected Papers of Leonid Hurwicz written by Samiran Banerjee and published by Oxford University Press. This book was released on 2022 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Funded in part by The Heller-Hurwicz Economics Institute, University of Minnesota"--Title page.

Foundations and Applications of Complexity Economics

Author : J. Barkley Rosser, Jr.
Publisher : Springer Nature
ISBN 13 : 3030706680
Total Pages : 174 pages
Book Rating : 4.0/5 (37 download)

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Book Synopsis Foundations and Applications of Complexity Economics by : J. Barkley Rosser, Jr.

Download or read book Foundations and Applications of Complexity Economics written by J. Barkley Rosser, Jr. and published by Springer Nature. This book was released on 2021-05-21 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Handbook of Computational Economics

Author : Leigh Tesfatsion
Publisher : Elsevier
ISBN 13 : 0080459870
Total Pages : 905 pages
Book Rating : 4.0/5 (84 download)

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Book Synopsis Handbook of Computational Economics by : Leigh Tesfatsion

Download or read book Handbook of Computational Economics written by Leigh Tesfatsion and published by Elsevier. This book was released on 2006-05-15 with total page 905 pages. Available in PDF, EPUB and Kindle. Book excerpt: The explosive growth in computational power over the past several decades offers new tools and opportunities for economists. This handbook volume surveys recent research on Agent-based Computational Economics (ACE), the computational study of economic processes modeled as dynamic systems of interacting agents. Empirical referents for "agents" in ACE models can range from individuals or social groups with learning capabilities to physical world features with no cognitive function. Topics covered include: learning; empirical validation; network economics; social dynamics; financial markets; innovation and technological change; organizations; market design; automated markets and trading agents; political economy; social-ecological systems; computational laboratory development; and general methodological issues.*Every volume contains contributions from leading researchers*Each Handbook presents an accurate, self-contained survey of a particular topic *The series provides comprehensive and accessible surveys

The Oxford Handbook of Computational Economics and Finance

Author : Shu-Heng Chen
Publisher : Oxford University Press
ISBN 13 : 0199844372
Total Pages : 785 pages
Book Rating : 4.1/5 (998 download)

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Book Synopsis The Oxford Handbook of Computational Economics and Finance by : Shu-Heng Chen

Download or read book The Oxford Handbook of Computational Economics and Finance written by Shu-Heng Chen and published by Oxford University Press. This book was released on 2018 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of Computational Economics and Finance provides a survey of both the foundations of and recent advances in the frontiers of analysis and action. It is both historically and interdisciplinarily rich and also tightly connected to the rise of digital society. It begins with the conventional view of computational economics, including recent algorithmic development in computing rational expectations, volatility, and general equilibrium. It then moves from traditional computing in economics and finance to recent developments in natural computing, including applications of nature-inspired intelligence, genetic programming, swarm intelligence, and fuzzy logic. Also examined are recent developments of network and agent-based computing in economics. How these approaches are applied is examined in chapters on such subjects as trading robots and automated markets. The last part deals with the epistemology of simulation in its trinity form with the integration of simulation, computation, and dynamics. Distinctive is the focus on natural computationalism and the examination of the implications of intelligent machines for the future of computational economics and finance. Not merely individual robots, but whole integrated systems are extending their "immigration" to the world of Homo sapiens, or symbiogenesis.

Organization and Economic Behaviour

Author : Anna Grandori
Publisher : Routledge
ISBN 13 : 1134712642
Total Pages : 479 pages
Book Rating : 4.1/5 (347 download)

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Book Synopsis Organization and Economic Behaviour by : Anna Grandori

Download or read book Organization and Economic Behaviour written by Anna Grandori and published by Routledge. This book was released on 2001 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents all the basic elements of organizational theory and behaviour. Different approaches are analysed, with a strong focus on intergrating sociological, psychological and economic contributors to the subject.

Computable, Constructive & Behavioural Economic Dynamics

Author : Stefano Zambelli
Publisher : Routledge
ISBN 13 : 1135272522
Total Pages : 812 pages
Book Rating : 4.1/5 (352 download)

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Book Synopsis Computable, Constructive & Behavioural Economic Dynamics by : Stefano Zambelli

Download or read book Computable, Constructive & Behavioural Economic Dynamics written by Stefano Zambelli and published by Routledge. This book was released on 2010-02-25 with total page 812 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book contains thirty original articles dealing with important aspects of theoretical as well as applied economic theory. While the principal focus is on: the computational and algorithmic nature of economic dynamics; individual as well as collective decision process and rational behavior, some contributions emphasize also the importance of classical recursion theory and constructive mathematics for dynamical systems, business cycles theories, growth theories, and others are in the area of history of thought, methodology and behavioural economics. The contributors range from Nobel Laureates to the promising new generation of innovative thinkers. This volume is also a Festschrift in honour of Professor Kumaraswamy Vela Velupillai, the founder of Computable Economics, a growing field of research where important results stemming from classical recursion theory and constructive mathematics are applied to economic theory. The aim and hope is to provide new tools for economic modelling. This book will be of particular appeal to postgraduate students and scholars in one or more of the following fields: computable economics, business cycles, macroeconomics, growth theories, methodology, behavioural economics, financial economics, experimental and agent based economics. It might be also of importance to those interested on the general theme of algorithmic foundations for social sciences.

Evolutionary Computation in Economics and Finance

Author : Shu-Heng Chen
Publisher : Physica
ISBN 13 : 3790817848
Total Pages : 459 pages
Book Rating : 4.7/5 (98 download)

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Book Synopsis Evolutionary Computation in Economics and Finance by : Shu-Heng Chen

Download or read book Evolutionary Computation in Economics and Finance written by Shu-Heng Chen and published by Physica. This book was released on 2013-11-11 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a decade's development, evolutionary computation (EC) proves to be a powerful tool kit for economic analysis. While the demand for this equipment is increasing, there is no volume exclusively written for economists. This volume for the first time helps economists to get a quick grasp on how EC may support their research. A comprehensive coverage of the subject is given, that includes the following three areas: game theory, agent-based economic modelling and financial engineering. Twenty leading scholars from each of these areas contribute a chapter to the volume. The reader will find himself treading the path of the history of this research area, from the fledgling stage to the burgeoning era. The results on games, labour markets, pollution control, institution and productivity, financial markets, trading systems design and derivative pricing, are new and interesting for different target groups. The book also includes informations on web sites, conferences, and computer software.

The SAGE Handbook of Organization Studies

Author : Stewart R Clegg
Publisher : SAGE
ISBN 13 : 1446206890
Total Pages : 920 pages
Book Rating : 4.4/5 (462 download)

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Book Synopsis The SAGE Handbook of Organization Studies by : Stewart R Clegg

Download or read book The SAGE Handbook of Organization Studies written by Stewart R Clegg and published by SAGE. This book was released on 2006-06-21 with total page 920 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for the award winning First Edition: ′This handbook is organized to help teachers and students to cover the mainstream work in the field of organization studies. This is an excellent reference tool with which to study organizational theory and practice′ - International Review of Administrative Sciences ′The editors have put together an impressive reference work, serious in intent and rigorous in implementation. As a publishing achievement, and a scholarly ′event′ in the field, SAGE is to be congratulated. It is designed as a work of synthesis, to link past and present, general and specific′ - Journal of General Management Praise for the New Edition: ′An excellent collection of papers giving a timely overview of the field′ - Gareth Morgan ′In this substantially updated, revised and extended edition of the widely acclaimed Handbook, the high standard of the contributions is maintained. Close consideration is given to newly emergent, such as networks and complexity, as well as more established topics. Metaphors of conversation and discourse are engagingly invoked to make and explore new distinctions, directions and connections. It is a key reference volume for more advanced students of this rapidly developing field′ - Hugh Willmott , Diageo Professor of Management Studies, Judge Business School, University of Cambridge ′Giving the authors of the Handbook of Organization Studies the opportunity to revise and update their earlier contributions makes this handbook unique. Comparing the revised chapters to their originals offers the reader unparalleled insight into how knowledge develops in our discipline. New frameworks and deeper understandings, grounded in continuing scholarship, abound in this updated classic′ - Mary Jo Hatch, C. Coleman McGehee Eminent Scholars Research Professor of Banking and Commerce McIntire School of Commerce, University of Virginia A decade after it first published to international acclaim, the seminal Handbook of Organization Studies has been updated to capture exciting new developments in the field. Providing a retrospective and prospective overview of organization studies, the Handbook continues to challenge and inspire readers with its synthesis of knowledge and literature. As ever, contributions have been selected to reflect the diversity of the field. New chapters cover areas such as organizational change; knowledge management; and organizational networks. Part One reflects on the relationship between theory, research and practice in organization studies. Part Two address a number of the most significant issues to affect organization studies such as leadership, diversity and globalization. Comprehensive and far-reaching, this important resource will set new standards for the understanding of organizational studies. It will be invaluable to researchers, teachers and advanced students alike.

Agent-Based Computational Economics

Author : Shu-Heng Chen
Publisher : Routledge
ISBN 13 : 1317560922
Total Pages : 543 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Agent-Based Computational Economics by : Shu-Heng Chen

Download or read book Agent-Based Computational Economics written by Shu-Heng Chen and published by Routledge. This book was released on 2017-09-19 with total page 543 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to answer two questions that are fundamental to the study of agent-based economic models: what is agent-based computational economics and why do we need agent-based economic modelling of economy? This book provides a review of the development of agent-based computational economics (ACE) from a perspective on how artificial economic agents are designed under the influences of complex sciences, experimental economics, artificial intelligence, evolutionary biology, psychology, anthropology and neuroscience. This book begins with a historical review of ACE by tracing its origins. From a modelling viewpoint, ACE brings truly decentralized procedures into market analysis, from a single market to the whole economy. This book also reviews how experimental economics and artificial intelligence have shaped the development of ACE. For the former, the book discusses how ACE models can be used to analyse the economic consequences of cognitive capacity, personality and cultural inheritance. For the latter, the book covers the various tools used to construct artificial adaptive agents, including reinforcement learning, fuzzy decision rules, neural networks, and evolutionary computation. This book will be of interest to graduate students researching computational economics, experimental economics, behavioural economics, and research methodology.

The Knowledge We Have Lost in Information

Author : Philip Mirowski
Publisher : Oxford University Press
ISBN 13 : 0190270055
Total Pages : 313 pages
Book Rating : 4.1/5 (92 download)

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Book Synopsis The Knowledge We Have Lost in Information by : Philip Mirowski

Download or read book The Knowledge We Have Lost in Information written by Philip Mirowski and published by Oxford University Press. This book was released on 2017 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: An enlightening examination of the role of information in modern economics and how it influences policy and politics.

Generative Social Science

Author : Joshua M. Epstein
Publisher : Princeton University Press
ISBN 13 : 1400842875
Total Pages : 379 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Generative Social Science by : Joshua M. Epstein

Download or read book Generative Social Science written by Joshua M. Epstein and published by Princeton University Press. This book was released on 2012-01-02 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agent-based computational modeling is changing the face of social science. In Generative Social Science, Joshua Epstein argues that this powerful, novel technique permits the social sciences to meet a fundamentally new standard of explanation, in which one "grows" the phenomenon of interest in an artificial society of interacting agents: heterogeneous, boundedly rational actors, represented as mathematical or software objects. After elaborating this notion of generative explanation in a pair of overarching foundational chapters, Epstein illustrates it with examples chosen from such far-flung fields as archaeology, civil conflict, the evolution of norms, epidemiology, retirement economics, spatial games, and organizational adaptation. In elegant chapter preludes, he explains how these widely diverse modeling studies support his sweeping case for generative explanation. This book represents a powerful consolidation of Epstein's interdisciplinary research activities in the decade since the publication of his and Robert Axtell's landmark volume, Growing Artificial Societies. Beautifully illustrated, Generative Social Science includes a CD that contains animated movies of core model runs, and programs allowing users to easily change assumptions and explore models, making it an invaluable text for courses in modeling at all levels.

The Oxford Handbook of Austrian Economics

Author : Peter J. Boettke
Publisher : Oxford University Press
ISBN 13 : 0199811830
Total Pages : 833 pages
Book Rating : 4.1/5 (998 download)

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Book Synopsis The Oxford Handbook of Austrian Economics by : Peter J. Boettke

Download or read book The Oxford Handbook of Austrian Economics written by Peter J. Boettke and published by Oxford University Press. This book was released on 2015-09-01 with total page 833 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century. Menger stressed the subjective nature of value in the individual decision calculus. Individual choices are indeed made on the margin, but the evaluations of rank ordering of ends sought in the act of choice are subjective to individual chooser. For Menger, the economic calculus was about scarce means being deployed to pursue an individual's highest valued ends. The act of choice is guided by subjective assessments of the individual, and is open ended as the individual is constantly discovering what ends to pursue, and learning the most effective way to use the means available to satisfy those ends. This school of economic thinking spread outside of Austria to the rest of Europe and the United States in the early-20th century and continued to develop and gain followers, establishing itself as a major stream of heterodox economics. The Oxford Handbook of Austrian Economics provides an overview of this school and its theories. The various contributions discussed in this book all reflect a tension between the Austrian School's orthodox argumentative structure (rational choice and invisible hand) and its addressing of a heterodox problem situations (uncertainty, differential knowledge, ceaseless change). The Austrian economists from the founders to today seek to derive the invisible hand theorem from the rational choice postulate via institutional analysis in a persistent and consistent manner. Scholars and students working in the field of History of Economic Thought, those following heterodox approaches, and those both familiar with the Austrian School or looking to learn more will find much to learn in this comprehensive volume.

Handbook of Research on Nature-Inspired Computing for Economics and Management

Author : Rennard, Jean-Philippe
Publisher : IGI Global
ISBN 13 : 1591409853
Total Pages : 1066 pages
Book Rating : 4.5/5 (914 download)

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Book Synopsis Handbook of Research on Nature-Inspired Computing for Economics and Management by : Rennard, Jean-Philippe

Download or read book Handbook of Research on Nature-Inspired Computing for Economics and Management written by Rennard, Jean-Philippe and published by IGI Global. This book was released on 2006-09-30 with total page 1066 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book provides applications of nature inspired computing for economic theory and practice, finance and stock-market, manufacturing systems, marketing, e-commerce, e-auctions, multi-agent systems and bottom-up simulations for social sciences and operations management"--Provided by publisher.

Hayek and Behavioral Economics

Author : R. Frantz
Publisher : Springer
ISBN 13 : 1137278153
Total Pages : 367 pages
Book Rating : 4.1/5 (372 download)

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Book Synopsis Hayek and Behavioral Economics by : R. Frantz

Download or read book Hayek and Behavioral Economics written by R. Frantz and published by Springer. This book was released on 2013-01-31 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: An exploration of Friedrich Hayek's contribution to the foundation of behavioural economics, and how his work interacted with and complemented that of his contemporaries. Chapters include detailed discussions of the concept of rationality, psychology and Hayek's philosophical theories as well as the historical context in which he lived and worked.

The Blackwell Companion to Organizations

Author : Joel Baum
Publisher : Wiley-Blackwell
ISBN 13 : 9780631216957
Total Pages : 992 pages
Book Rating : 4.2/5 (169 download)

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Book Synopsis The Blackwell Companion to Organizations by : Joel Baum

Download or read book The Blackwell Companion to Organizations written by Joel Baum and published by Wiley-Blackwell. This book was released on 2005-06-24 with total page 992 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on the research of more than 50 influential international scholars, this extensive interdisciplinary survey consolidates and evaluates what is known and not known about organizations, and critically examines how we learn about and study them. Contributors include 50 influential international scholars. Contributions represent the most important contemporary perspectives on organizations, including networks, ecology and technology. Each topic is covered at three levels of organization: intraorganizational, organizational, and interorganizational. Chapters structured around five common elements for ease of use.

Computational Analysis of Firms’ Organization and Strategic Behaviour

Author : Edoardo Mollona
Publisher : Routledge
ISBN 13 : 1136959955
Total Pages : 349 pages
Book Rating : 4.1/5 (369 download)

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Book Synopsis Computational Analysis of Firms’ Organization and Strategic Behaviour by : Edoardo Mollona

Download or read book Computational Analysis of Firms’ Organization and Strategic Behaviour written by Edoardo Mollona and published by Routledge. This book was released on 2010-09-13 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: Management and organization theories have, in the years, developed rich methodological paraphernalia to test hypotheses. This book addresses possible applications of computer simulation to theory building in management and organizational theory.