Suchergebnisse

Intro -- Contents -- Notes on Contributors -- List of Figures -- List of Tables -- 1: Introduction to the Zambelli Festschrift -- 1 Some Initial Remarks -- 2 Frisch's Rocking Horse Does Not Rock! -- 3 Busy Beavers, the Phillips Machine, Differential Analyzers and Computability -- 4 Solving and Simulating Flexible Accelerator Coupled Dynamical Systems -- 5 Sraffian Economics -- 6 Summarizing Notes -- 7 Brief Notes on the Contributions to the Zambelli Festschrift -- References -- 2: Intuitions About Welfare-Under the Constraint of Computability -- 1 Introduction -- 2 The Good Merchant -- 2.1 Behaviour of Merchants and Customers -- 2.2 Governing the Merchants -- 2.3 Merchants' Ability to Create Value -- 2.4 The Good Merchant-Where Value, Behaviour and Governance Meet -- 3 Economics Is About Welfare -- 3.1 Value -- 3.2 Governance -- 3.3 Behaviour -- 3.4 Welfare -- 4 Neoclassical Welfare Theory -- 4.1 Intersection Between Value Creation and Governance-Allocation -- 4.2 Intersection Between Value Creation and Behaviour-Preferences -- 4.3 Intersection Between Governance and Behaviour-Choice -- 5 Welfare-What Prices Are For? -- 6 Critiques Related to Computability -- 6.1 Critique Related to the Intersection Between Value Creation and Governance-Allocation -- 6.2 Critique Related to Preference Orderings: The Intersection Between Value Creation and Behaviour-Preferences -- 6.3 Critique Related to the Intersection Between Behaviour and Governance-Choice -- 6.4 Goodbye Walrasian Dream, Hello Moral and Ethics? -- 7 A Grand Unified Theory of Economic Welfare? -- 8 Intuitions on the Role of Morals in Creating Welfare -- References -- 3: Recasting Stefano Zambelli: Notes on the Foundations of Mathematics for a Post-Neoclassical Age in Economics -- 1 Introduction: An Epistemological Rumination.

1. The uncomputable, the nonconstructive and the undecidable in mathematical economics -- 2. Advanced computational complexity theory from an elementary standpoint -- 3. Economic dynamics and computation : recursion theoretic foundations for the Icarus tradition -- 4. Let's take the con out of mathematical economics -- 5. Effectivity and constructivity in economic theory -- 6. Algorithmic foundations of computable general equilibrium theory -- 7. Uncomputability and undecidability in economic theory -- 8. The unreasonable ineffectivity of mathematics in economics -- 9. A constructive interpretation of Sraffa's mathematical economics -- 10. The computable alternative in the formalization of economics : a counterfactual essay -- 11. Computable rationality, computation universality and adaptive behaviour -- 12. Boundedly rational choice and satisficing decisions -- 13. Arithmetic games, beavers and behavioural economics.

Our analytical heritage in macrodynamics owes a great deal to Ragnar Frisch. The tradition of quantitative methods in economic analysis owes not a little to Frisch, Trygve, Haavelmo and Leif Johansen. These essays pay homage to Thalberg - student, friend, colleague and collaborator of that trio.

"Herbert Simon (1916-2001) is mostly celebrated for the theory of bounded rationality and satisficing. This book of essays on Models of Simon tackles these topics that the he broached in a professional career spanning more than 60 years. Expository material on the fundamental concepts he introduced are re-interpreted in terms of the theory of computability. This volume frames the behavioural issues of concern for economists, such as: hierarchy, causality, near-diagonal linear dynamical systems, discovery, the contrasts between the notion of heuristics, and the Church-Turing Thesis of Computability Theory. There is, consistently, an emphasis on the historical origins of the concepts Simon worked with, in emphasising Human Problem Solving and Decision Making - by rational individuals and institutions (like Organizations). The main feature of the results in the book are its emphasis on the procedural aspects of human problem solving, decision making and the remarkable way Simon harnessed many tools of mathematical logic, mathematics, cognitive sciences, economics and econometrics. This long-awaited volume is an important read for those who study economic theory and philosophy, microeconomics and political economy, as well as those interested in the great Herbert Simon's work."--Provided by publisher.