Suchergebnisse

Intro -- Preface -- Contents -- Chapter 1: Logical and Philosophical Foundations of Complexity -- 1.1 Forms of Complexity -- 1.2 Foundations of Computational Complexity Economics -- 1.3 Epistemology and Computational Complexity -- 1.4 Foundations of Dynamic Complexity Economics -- 1.5 Dynamic Complexity and Knowledge -- 1.6 Knowledge and Ergodicity -- 1.7 Reflexivity and the Unification of Complexity Concepts -- 1.8 Further Observations -- Chapter 2: Foundations of Complex Behavioral Economics -- 2.1 Overview -- 2.2 Herbert Simon and Bounded Rationality -- 2.3 Imitation and the Instability of Markets -- 2.4 Hierarchical Complexity and the Question of Emergence -- 2.5 Bounded Rationality and Learning to Believe in Chaos -- 2.6 Behavioral Economics and Keynesian Uncertainty -- 2.7 Behavioral Economics and the Complexity of Institutional Evolution -- 2.8 The Discontinuity Debate in Evolutionary Theory -- 2.9 Institutions, Organizations, and the Locus of Economic Evolution -- 2.10 Emergence and Multi-Level Evolution -- 2.11 Old and New Institutional Economics from a Complex Evolutionary Perspective -- 2.12 Summing Up -- Chapter 3: The Complex Dynamics of Social Interactions -- 3.1 Introduction -- 3.2 Labor Returns in the Non-Observed Economy -- 3.3 Variables and Data Sources -- 3.4 Empirical Findings -- 3.5 Conclusions -- Chapter 4: Econophysics, Entropy, and Complexity -- 4.1 The Origins and Nature of Econophysics -- 4.2 The Role of the Pareto Distribution -- 4.3 The Role of Statistical Mechanics -- 4.4 Econochemistry and Econobiology -- 4.5 Econophysics and Entropy -- 4.6 Unity of the Core Entropy Concepts -- 4.7 Ontological Entropy and Econophysics as the Fundamental Limit to Growth -- 4.8 Ontological Entropy and the Energy View of Economic Value -- 4.9 Metaphorical Entropy and General Equilibrium Value.

Preface -- Overview of comparative economics -- How do we compare economies? -- The theory and practice of market capitalism -- The theory and history of marxism and socialism -- Islamic economics and the economics of other religions varieties of advanced market capitalism -- The United States of America : the market capitalist leader -- Japan : can a former planned new traditional economy thrive? -- France : whither indicative planning? : the case of France -- Sweden: crisis and reform of the capitalist welfare state -- The unification of germany and the unification of europe -- Varieties of the systemic transition process -- The myth and reality of the soviet command socialist economy and Russia's economic transition -- Post-soviet states : alternative paths of transition and divergent models of market economies -- Poland : a success story of economic transition? -- China's socialist market economy : the sleeping giant wakes -- North and south korea : the lingering shadow of the cold war -- Alternative paths among developing economies -- India : the elephant walks -- Iran : the struggle for a new traditional islamic economy -- South africa : systemic change and the struggle for racial justice -- Mexico : revolution and reform in the mexican economy -- Brazil : the search for sustainable development and socioeconomic equality -- Evolving trends of the transforming world economy -- Glossary -- Index -- References

Complexity research draws on complexity in various disciplines. This Handbook provides a comprehensive and current overview of applications of complexity theory in economics. The 15 chapters, written by leading figures in the field, cover such broad topic areas as conceptual issues, microeconomic market dynamics, aggregation and macroeconomics issues, econophysics and financial markets, international economic dynamics, evolutionary and ecological-environmental economics, and broader historical perspectives on economic complexity

Over the last two decades there has been a great deal of research into nonlinear dynamic models in economics, finance and the social sciences. This book contains twenty papers that range over very recent applications in these areas. Topics covered include structural change and economic growth, disequilibrium dynamics and economic policy as well as models with boundedly rational agents. The book illustrates some of the most recent research tools in this area and will be of interest to economists working in economic dynamics and to mathematicians interested in seeing ideas from nonlinear dynamics and complexity theory applied to the economic sciences.