Download or read book Synergetic Economics written by Wei-Bin Zhang and published by Springer Science & Business Media. This book was released on 2013-03-07 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Synergetic Economics presents a new advance in analytical economics. It deals with problems related to time and change in economic systems, including complex aspects, such as the effects of nonlinearity, instability, bifurcation and chaos in economic evolution. The author argues that economic systems may run through a hierarchy of instabilities in which more and more structural patterns evolve. Such instabilities are caused by changes in the external parameters of the system. They may lead to new spatial-temporal patterns of the system. A number of explicit examples are provided to show how such behavior can occur in various dynamic economic systems. Analytical methods are also presented to cope with nonlinear problems. Of particular interest are sudden (structural) changes, the existence of regular and irregular oscillations, the role of random factors in economic evolution, and the effects of time scales and rates of adjustment of economic variables in economic analysis. The author carefully examines the implications of nonlinear phenomena for decision making, and for economic development in general.
Download or read book Synergetic Economics written by Wei-Bin Zhang and published by . This book was released on 1991-01-31 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Synergetic Economics presents a new advance in analytical economics. It deals with problems related to time and change in economic systems, including complex aspects, such as the effects of nonlinearity, instability, bifurcation and chaos in economic evolution. The author argues that economic systems may run through a hierarchy of instabilities in which more and more structural patterns evolve. Such instabilities are caused by changes in the external parameters of the system. They may lead to new spatial-temporal patterns of the system. A number of explicit examples are provided to show how such behavior can occur in various dynamic economic systems. Analytical methods are also presented to cope with nonlinear problems. Of particular interest are sudden (structural) changes, the existence of regular and irregular oscillations, the role of random factors in economic evolution, and the effects of time scales and rates of adjustment of economic variables in economic analysis. The author carefully examines the implications of nonlinear phenomena for decision making, and for economic development in general.
Download or read book The Visible Hand written by Reiner B. Koblo and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last decade highly innovatory developments have taken place in theoretical economics. The new focus of interest seems to be twofold: Firstly, nonlinear models for dynamic processes of the economy are constructed to extend the scope of linear models for tlle stationary euqilibrium state; and secondly a new approach is made to solve the everlasting problem of the relation between micro-and macro-economics. The interdisciplinary field of synergetics is deeply involved in this evolution. The author has made a remarkable contribution to both foci: His application of synergetic concepts to the theory of business cycles combines a partial solution of the micro-macro-problem, namely the modelling of the macro-economic effect of the decisions of investors, producers and consumers, with the natural introduction of nonlinearities. The arising new business cycle theory can on the one side be validated by empirical evidence and on the other hand the typical behavior of nonlinear dynamic systems including the transition to deterministic chaos can be clearly demonstrated. The hope is justified that the model presented in this book is a fw·ther important step in reaching a new level of the quantitative comprehension of dynamic phenomena in the economy. Stuttgart, June 1991 Prof. Dr. Wolfgang Weidlich Foreword It is the author's objective to explain macroeconomic processes on the basis of micro economic decision-making behaviour. In order to achieve this goal, the concept of synergetics is presented as a method of describing dynamic phenomena in multi-com ponent systems with cooperative interactions between their elements.
Download or read book Economics written by and published by . This book was released on 1972 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economics written by and published by . This book was released on 1972 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Synergetic Economics written by Wei-Bin Zhang and published by . This book was released on 1989 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The General Economic Theory written by Wei-Bin Zhang and published by Springer Nature. This book was released on 2020-08-27 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops a general economic theory that integrates various economic theories and ideas and establishes important relationships between economic variables that are not formally recognized in the economic literature. The author demonstrates how the basic model is integrated with neoclassical growth theory, Walrasian general equilibrium theory, and Ricardian distribution theory, and how these theories can be incorporated through a single set of equations with a microeconomic basis. The book offers new insights into income and wealth distribution between heterogeneous households, racial and national differences in growth and development, interdependence between different stock variables with portfolio choices among different markets. It will appeal to scholars of economists interested in an integrative theoretical approach to this discipline.
Download or read book Foundations of Synergetics I written by Alexander S. Mikhailov and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gives an introduction to the mathematical theory of cooperative behavior in active systems of various origins, both natural and artificial. It is based on a lecture course in synergetics which I held for almost ten years at the University of Moscow. The first volume deals mainly with the problems of pattern fonnation and the properties of self-organized regular patterns in distributed active systems. It also contains a discussion of distributed analog information processing which is based on the cooperative dynamics of active systems. The second volume is devoted to the stochastic aspects of self-organization and the properties of self-established chaos. I have tried to avoid delving into particular applications. The primary intention is to present general mathematical models that describe the principal kinds of coopera tive behavior in distributed active systems. Simple examples, ranging from chemical physics to economics, serve only as illustrations of the typical context in which a particular model can apply. The manner of exposition is more in the tradition of theoretical physics than of in mathematics: Elaborate fonnal proofs and rigorous estimates are often replaced the text by arguments based on an intuitive understanding of the relevant models. Because of the interdisciplinary nature of this book, its readers might well come from very diverse fields of endeavor. It was therefore desirable to minimize the re quired preliminary knowledge. Generally, a standard university course in differential calculus and linear algebra is sufficient.
Download or read book Economics a Synergetic Approach Written and Edited by Bernard J McCarney Virginia Lee Owen written by Bernard Joseph MACCARNEY (and OWEN (Virginia Lee)) and published by . This book was released on 1972 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Evolution in Markets and Institutions written by Ulrich Witt and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evolutionary economics is the most challenging unorthodox approach to economic theory that has been developed in the last decades. The present volume offers a survey as well as a carefully selected sample of important new insights from a broad range of topics in economics: - the dynamics of institutional change - aggregate employment effects of diffusing innovations - institutional regimes of long run growth - indeterminaciesresulting expectation formation in the economy - the synergetic approach and its application to market morphology. The volume documentsa variety of modeling tools in evolutionary economics and offers a series ofstimulating hypotheses and research results. Its reading is a `must' for all scholars with an interest in economic change.
Download or read book Synergetic Computers and Cognition written by Hermann Haken and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a novel approach to neural nets and thus offers a genuine alternative to the hitherto known neuro-computers. The new edition includes a section on transformation properties of the equations of the synergetic computer and on the invariance properties of the order parameter equations. Further additions are a new section on stereopsis and recent developments in the use of pulse-coupled neural nets for pattern recognition.
Download or read book Contemporary Economic Ethics and Business Ethics written by Peter Koslowski and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The approaches to economic ethics and business ethics in Continental Europe and those in America show considerable differences but also a shared interest in turning business ethics into a subject relevant and useful for business practice as well as for the philosophical debate on ethics. The volume collects original essays on the major approaches to economic ethics and business ethics in Germany, the USA, and Europe. It provides the reader with a comprehensive overview about the discussion on modern economic ethics and business ethics. It introduces the German approaches to economic ethics and to business ethics to the English-speaking audience.
Download or read book Synergetics written by Hermann Haken and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past years the field of synergetics has been mushrooming. An ever increasing number of scientific papers are published on the subject, and numerous conferences all over the world are devoted to it. Depending on the particular aspects of synergetics being treated, these conferences can have such varied titles as "Nonequilibrium Nonlinear Statistical Physics," "Self-Organization," "Chaos and Order," and others. Many professors and students have expressed the view that the present book provides a good introduction to this new field. This is also reflected by the fact that it has been translated into Russian, Japanese, Chinese, German, and other languages, and that the second edition has also sold out. I am taking the third edition as an opportunity to cover some important recent developments and to make the book still more readable. First, I have largely revised the section on self-organization in continuously extended media and entirely rewritten the section on the Benard instability. Sec ond, because the methods of synergetics are penetrating such fields as eco nomics, I have included an economic model on the transition from full employ ment to underemployment in which I use the concept of nonequilibrium phase transitions developed elsewhere in the book. Third, because a great many papers are currently devoted to the fascinating problem of chaotic motion, I have added a section on discrete maps. These maps are widely used in such problems, and can reveal period-doubling bifurcations, intermittency, and chaos.
Download or read book Nonlinear Dynamics in Economics and Social Sciences written by Franco Gori and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume constitutes the Proceedings of the "Nonlinear Dynamics in Economics and Social Sciences" Meeting held at the Certosa di Pontignano, Siena, on May 27-30, 1991. The Meeting was organized by the National Group "Modelli Nonlineari in Economia e Dinamiche Complesse" of the Italian Ministery of University and SCientific Research, M.U.RS.T. The aim of the Conference, which followed a previous analogous initiative taking place in the very same Certosa, on January 1988*, was the one of offering a come together opportunity to economists interested in a new mathematical approach to the modelling of economical processes, through the use of more advanced analytical techniques, and mathematicians acting in the field of global dynamical systems theory and applications. A basiC underlying idea drove the organizers: the necessity of fOCUSing on the use that recent methods and results, as those commonly referred to the overpopularized label of "Chaotic Dynamics", did find in the social sciences domain; and thus to check their actual relevance in the research program of modelling economic phenomena, in order to individuate and stress promising perspectives, as well as to curb excessive hopes and criticize not infrequent cases where research reduces to mechanical, ad hoc, applications of "a la mode" techniques. In a word we felt the need of looking about the state of the arts in non-linear systems theory applications to economics and social processes: hence the title of the workshop and the volume.
Download or read book Complexity Theory and Uncertainties written by Wei-Bin Zhang and published by Springer Nature. This book was released on 2023-11-13 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an overview of recent developments of complexity theory within the realm of social sciences. At a time when global and local social, political, cultural, and economic affairs are engulfed in chaos, this book sheds light on the mechanisms of uncertainties, offering new visions and frameworks for analyzing the nonlinear interactions between individuals, societies, and the environment. From exploring the foundational elements that shape our understanding of humanity, such as worldviews, justice, and trust, to applying complexity theory in the realms of politics, economics, management, strategies, and wars, this monograph provides a comprehensive examination of its far-reaching implications. By examining historical bifurcations and structural changes in American history and China's modern development, it emphasizes how complexity theory can serve as a bridge for intellectual and cultural communication between Western (Newtonian) and East Asian (yin-yang-based) civilizations. Moreover, the book elucidates that nonlinear phenomena, including bifurcations, catastrophes, structural changes, emergence of structures, and chaos, are integral aspects of human evolution. It unveils the positive potential within chaos, demonstrating that a comprehensive understanding of catastrophic mechanisms enables humanity to prevent global disasters by leading systems to chaotic attractors without destructive consequences. Through an exploration of the intricate interdependencies among individuals, societies, and the environment, this book offers a unique and comprehensive introduction to the application of complexity theory to the realm of humanity.
Download or read book Mathematical Models in Economics Volume I written by Wei-Bin Zhang and published by EOLSS Publications. This book was released on 2009-06-10 with total page 542 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mathematical Models in Economics is a component of Encyclopedia of Mathematical Sciences in which is part of the global Encyclopedia of Life Support Systems (EOLSS), an integrated compendium of twenty one Encyclopedias. This theme is organized into several different topics and introduces the applications of mathematics to economics. Mathematical economics has experienced rapid growth, generating many new academic fields associated with the development of mathematical theory and computer. Mathematics is the backbone of modern economics. It plays a basic role in creating ideas, constructing new theories, and empirically testing ideas and theories. Mathematics is now an integral part of economics. The main advances in modern economics are characterized by applying mathematics to various economic problems. Many of today's profound insights into economic problems could hardly be obtained without the help of mathematics. The concepts of equilibrium versus non-equilibrium, stability versus instability, and steady states versus chaos in the contemporary literature are difficult to explain without mathematics. The theme discusses on modern versions of some classical economic theories, taking account of balancing between significance of economic issues and mathematical techniques. These two volumes are aimed at the following five major target audiences: University and College students Educators, Professional practitioners, Research personnel and Policy analysts, managers, and decision makers and NGOs.
Download or read book New Keynesian Economics post Keynesian Alternatives written by Roy Jeffrey Rotheim and published by Psychology Press. This book was released on 1998 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: New Keynesian Economics has been the most significant development in economics in recent years. However, many modern thinkers have asked whether it actually builds upon or merely distorts Keynes' work. This unique volume provides the first full-scale critique of the New Keynesian school of thought. Within its pages, Post-Keynesian economists, including many from the United States, challenge New Keynesianism both on the grounds that it is not Keynesian, and does not provide an adequate account of our current economic problems. Sure to provoke much new debate and even controversy, New Keynesian Economicsseeks to reconcile these two seemingly intractable systems.
