Download or read book Computable Constructive and Behavioural Economic Dynamics written by Stefano Zambelli and published by Routledge. This book was released on 2010-02-25 with total page 560 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.
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.
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 2018-01-12 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.
Download or read book Goedel s Way written by Gregory Chaitin and published by CRC Press. This book was released on 2011-10-14 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kurt Gödel (1906-1978) was an Austrian-American mathematician, who is best known for his incompleteness theorems. He was the greatest mathematical logician of the 20th century, with his contributions extending to Einstein’s general relativity, as he proved that Einstein’s theory allows for time machines. The Gödel incompleteness theorem - the usual formal mathematical systems cannot prove nor disprove all true mathematical sentences - is frequently presented in textbooks as something that happens in the rarefied realms of mathematical logic, and that has nothing to do with the real world. Practice shows the contrary though; one can demonstrate the validity of the phenomenon in various areas, ranging from chaos theory and physics to economics and even ecology. In this lively treatise, based on Chaitin’s groundbreaking work and on the da Costa-Doria results in physics, ecology, economics and computer science, the authors show that the Gödel incompleteness phenomenon can directly bear on the practice of science and perhaps on our everyday life. This accessible book gives a new, detailed and elementary explanation of the Gödel incompleteness theorems and presents the Chaitin results and their relation to the da Costa-Doria results, which are given in full, but with no technicalities. Besides theory, the historical report and personal stories about the main character and on this book’s writing process, make it appealing leisure reading for those interested in mathematics, logic, physics, philosophy and computer sciences. See also: http://www.youtube.com/watch?v=REy9noY5Sg8
Download or read book Nonlinearity Complexity and Randomness in Economics written by Stefano Zambelli and published by John Wiley & Sons. This book was released on 2012-01-17 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nonlinearity, Complexity and Randomness in Economics presents a variety of papers by leading economists, scientists, and philosophers who focus on different aspects of nonlinearity, complexity and randomness, and their implications for economics. A theme of the book is that economics should be based on algorithmic, computable mathematical foundations. Features an interdisciplinary collection of papers by economists, scientists, and philosophers Presents new approaches to macroeconomic modelling, agent-based modelling, financial markets, and emergent complexity Reveals how economics today must be based on algorithmic, computable mathematical foundations
Download or read book Computable Foundations for Economics written by K. Vela Velupillai and published by Routledge. This book was released on 2012-07-26 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt: Computable Foundations for Economics is a unified collection of essays, some of which are published here for the first time and all of which have been updated for this book, on an approach to economic theory from the point of view of algorithmic mathematics. By algorithmic mathematics the author means computability theory and constructive mathematics. This is in contrast to orthodox mathematical economics and game theory, which are formalised with the mathematics of real analysis, underpinned by what is called the ZFC formalism, i.e., set theory with the axiom of choice. This reliance on ordinary real analysis and the ZFC system makes economic theory in its current mathematical mode completely non-algorithmic, which means it is numerically meaningless. The book provides a systematic attempt to dissect and expose the non-algorithmic content of orthodox mathematical economics and game theory and suggests a reformalization on the basis of a strictly rigorous algorithmic mathematics. This removes the current schizophrenia in mathematical economics and game theory, where theory is entirely divorced from algorithmic applicability – for experimental and computational exercises. The chapters demonstrate the uncomputability and non-constructivity of core areas of general equilibrium theory, game theory and recursive macroeconomics. The book also provides a fresh look at the kind of behavioural economics that lies behind Herbert Simon’s work, and resurrects a role for the noble classical traditions of induction and verification, viewed and formalised, now, algorithmically. It will therefore be of particular interest to postgraduate students and researchers in algorithmic economics, game theory and classical behavioural economics.
Download or read book What is so Austrian about Austrian Economics written by Steven Horwitz and published by Emerald Group Publishing. This book was released on 2010-08-12 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: The volume gathers together papers presented at the second biennial Wirth conference on Austrian economics, held in October 2008 when the crisis of Fall 2008 was still new and shocking. This coincidence of timing makes policy issues and crisis management a kind of leitmotif of the volume.
Download or read book China s Quest for Innovation written by Shuanping Dai and published by Routledge. This book was released on 2019-11-06 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transition from a catching-up style economy to an innovation-driven economy poses a major challenge for China. This book examines the major issues at stake, outlines developments in crucial business fields and industries, and discusses the roles of top-down politics and bottom-up entrepreneurship. It focuses in particular on the institutional foundations of innovation, arguing that successful innovation relies on the favourable interplay of business, politics, and society, and that comprehensive institutional and organizational changes will be required in China in order for innovation to succeed. Overall, the book assesses how far China will be able to depart from the Western paradigm of successful innovation regimes and create its own innovation system with Chinese characteristics.
Download or read book Keynesian Sraffian Computable and Dynamic Economics written by Kumaraswamy Velupillai and published by Springer Nature. This book was released on 2021-03-08 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores an alternative approach to the conventional, market-based, view of economic theory and economic policy, at theoretical, numerical and applicable levels. The chapters provide a theoretical, empirical, and algorithmic approach to marcodynamics, Sraffian economics, and current policy issues. Post-Keynesian macroeconomics, business cycle theory, the trade cycle, microfoundations, and the Philips Machine are also covered. This book aims to challenge orthodox ideas and provide a lens through which to honour the work of Stefano Zambelli. It will be of relevant to students and academics interested in economics.
Download or read book Limits of Economic and Social Knowledge written by S. DeCanio and published by Springer. This book was released on 2013-11-21 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book aims to show that the deterministic vision embodied in conventional economic modelling is neither consistent with nor supported by the state of the art in mathematics, logic, and physical science. DeCanio recognizes that economic agents are intrinsically free and somewhat unpredictable, which is essential for economic and social theory.
Download or read book Experts and Epistemic Monopolies written by Roger Koppl and published by Emerald Group Publishing. This book was released on 2012-10-15 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Under what conditions of supply and demand are experts likely to give us good advice? When is expert failure more likely? Do entrepreneurs challenge existing expertise? Are they experts themselves? This title brings a heterogeneous collection of thinkers, some "Austrian" and to engage the problem of experts.
Download or read book Handbook of Research on International Collaboration Economic Development and Sustainability in the Arctic written by Erokhin, Vasilii and published by IGI Global. This book was released on 2018-12-28 with total page 742 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global interest in the exploration of the Arctic has been growing rapidly. As the Arctic becomes a global resource base and trade corridor between the continents, it is crucial to identify the dangers that such a boom of extractive industries and transport routes may bring on the people and the environment. The Handbook of Research on International Collaboration, Economic Development, and Sustainability in the Arctic discusses the perspectives and major challenges of the investment collaboration and development and commercial use of trade routes in the Arctic. Featuring research on topics such as agricultural production, environmental resources, and investment collaboration, this book is ideally designed for policymakers, business leaders, and environmental researchers seeking coverage on new practices and solutions in the sphere of achieving sustainability in economic exploration of the Artic region.
Download or read book The Handbook On Reasoning based Intelligent Systems written by Kazumi Nakamatsu and published by World Scientific. This book was released on 2013-01-18 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book consists of various contributions in conjunction with the keywords “reasoning” and “intelligent systems”, which widely covers theoretical to practical aspects of intelligent systems. Therefore, it is suitable for researchers or graduate students who want to study intelligent systems generally.
Download or read book Limits Of Mathematical Modeling In The Social Sciences The The Significance Of Godel s Incompleteness Phenomenon written by Francisco Antonio Doria and published by World Scientific. This book was released on 2017-05-30 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current mathematical models are notoriously unreliable in describing the time evolution of unexpected social phenomena, from financial crashes to revolution. Can such events be forecast? Can we compute probabilities about them? Can we model them? This book investigates and attempts to answer these questions through Gödel's two incompleteness theorems, and in doing so demonstrates how influential Gödel is in modern logical and mathematical thinking. Many mathematical models are applied to economics and social theory, while Gödel's theorems are able to predict their limitations for more accurate analysis and understanding of national and international events.This unique discussion is written for graduate level mathematicians applying their research to the social sciences, including economics, social studies and philosophy, and also for formal logicians and philosophers of science.
Download or read book A Computable Universe written by Hector Zenil and published by World Scientific. This book was released on 2013 with total page 855 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume discusses the foundations of computation in relation to nature. It focuses on two main questions: What is computation? and How does nature compute?
Download or read book Handbook of Entrepreneurship Research written by Zoltan J. Acs and published by Springer Science & Business Media. This book was released on 2010-08-03 with total page 685 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in and attention to entrepreneurship has exploded in recent years. Nevertheless, much of the research and scholarship in entrepreneurship has remained elusive to academics, policymakers and other researchers, in large part because the field is informed by a broad spectrum of disciplines, including management, finance, economics, policy, sociology, and psychology, often pursued in isolation from each other. Since its original publication in 2003, the Handbook of Entrepreneurship Research has served as the definitive resource in the field, bringing together contributions from leading scholars in these disciplines to present a holistic, multi-dimensional approach. This new edition, fully revised and updated, and including several new chapters, covers all of the primary topics in entrepreneurship, including entrepreneurial behavior, risk and opportunity recognition, equity financing, business culture and strategy, innovation, and the impact of entrepreneurship on economic growth and development. Featuring an integrative introduction, extensive literature reviews and reference lists, the Handbook will continue to serve as a roadmap to the rapidly evolving and dynamic field of entrepreneurship.
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.
