The Economy As an Evolving Complex System, III: Current Perspectives and Future DirectionsLawrence E. Blume, Steven N. Durlauf Oxford University Press, 2005 M10 20 - 392 páginas Derived from the 2001 Santa Fe Institute Conference, "The Economy as an Evolving Complex System III," represents scholarship from the leading figures in th area of economics and complexity. The subject, a perennial centerpiece of the SFI program of studies has gained a wide range of followers for its methods of employing empirical evidence in the development of analytical economic theories. Accordingly, the chapters in this volume addresses a wide variety of issues in the fields of economics and complexity, accessing eclectic techniques from many disciplines, provided that they shed light on the economic problem. Dedicated to Kenneth Arrow on his 80th birthday, this volume honors his many contributions to the Institute. SFI-style economics is regarded as having had an important impact in introducing a new approach to economic analysis. |
Dentro del libro
Resultados 1-5 de 61
Página iv
... theory ) ———- Congresses . 3. Economics - Congresses . I. Title : Economy as an evolving complex system 3. II . Title : Economy as an evolving complex system three . III . Blume , Lawrence . IV . Durlauf , Steven N. V. Proceedings ...
... theory ) ———- Congresses . 3. Economics - Congresses . I. Title : Economy as an evolving complex system 3. II . Title : Economy as an evolving complex system three . III . Blume , Lawrence . IV . Durlauf , Steven N. V. Proceedings ...
Página 2
... theory ; simply put , the theory was able to absorb SFI - type advances without changing its fundamental nature . Put differently , economic theory has an immense number of strengths that have been complemented and thereby enriched by ...
... theory ; simply put , the theory was able to absorb SFI - type advances without changing its fundamental nature . Put differently , economic theory has an immense number of strengths that have been complemented and thereby enriched by ...
Página 3
... social interactions are explored by Larry Samuelson in " Perspectives on the Economy as an Evolving Complex System . " Samuelson attempts to address an important lacuna in the theory of Lawrence E. Blume and Steven N. Durlauf 3.
... social interactions are explored by Larry Samuelson in " Perspectives on the Economy as an Evolving Complex System . " Samuelson attempts to address an important lacuna in the theory of Lawrence E. Blume and Steven N. Durlauf 3.
Página 4
... theory of social interactions : namely , the absence of a theory as to why social interactions exist ( as opposed to their implications ) . Samuelson argues that one way to understand social in- teractions is that they arise as a ...
... theory of social interactions : namely , the absence of a theory as to why social interactions exist ( as opposed to their implications ) . Samuelson argues that one way to understand social in- teractions is that they arise as a ...
Página 14
... theory . ( For details of index construction , see Curtin [ 10 ] . ) Measuring the forecasts that people are assumed to encounter in the news media is a thornier problem . But typical newspaper articles on inflation tend to quote ...
... theory . ( For details of index construction , see Curtin [ 10 ] . ) Measuring the forecasts that people are assumed to encounter in the news media is a thornier problem . But typical newspaper articles on inflation tend to quote ...
Contenido
1 | |
5 | |
31 | |
Rationality and Selection in Asset Markets | 49 |
Statistical Physics and Economic Fluctuations | 67 |
Market Efficiency the Pareto Wealth Distribution and the Lévy Distribution of Stock Returns | 101 |
A Random Order Placement Model of Price Formation in the Continuous Double Auction | 133 |
Multinomial Choice with Social Interactions | 175 |
Heterogeneity and Uniqueness in Interaction Games | 207 |
Perspectives on the Economy as an Evolving Complex System | 243 |
The Diffusion of Innovations in Social Networks | 267 |
Dynamic Properties of Local Interaction Models | 283 |
The View from Economic History | 309 |
Prosocial Emotions | 339 |
Index | 367 |
Otras ediciones - Ver todas
The Economy As an Evolving Complex System, III: Current Perspectives and ... Lawrence E. Blume,Steven N. Durlauf Vista previa limitada - 2006 |
The Economy As an Evolving Complex System, III: Current Perspectives and ... Lawrence E. Blume,Steven N. Durlauf Vista previa limitada - 2006 |
The Economy as an Evolving Complex System III Lawrence Blume,Steven N. Durlauf Vista de fragmentos - 2006 |
Términos y frases comunes
agents analysis analyze assume assumption asymptotic average behavior beliefs Blume Brock and Durlauf chooses action condition consumption contribution correlation decisionmakers defined denote density depend depth profile diffusion dimensional analysis dynamics Econ economic effects empirical epistemic base equation equilibrium estimate evolutionary Evolving Complex System example exponent figure fluctuations forecast given global games H. E. Stanley heterogeneity identified implies individual inflation expectations inflation rate innovation investment investors knowledge Lévy distribution limit order male market order match multinomial logit Nash equilibrium neighborhood nondimensional norms order placement outcome parameters Pareto distribution Pareto wealth distribution payoff player Plerou population power law problem propositional knowledge public goods game punishment random rational expectations Santa Fe Institute scale shame simulations social interactions standard deviation statistical stochastic strategy subjective expected utility technique Theorem theory tick tion unemployment uniqueness utility function volatility zero