Treating the market economy as a complex adaptive system offers a
better explanation of how it works than does the mechanical analogy
of neoclassical equilibrium theory. The nonlinear interactions of
millions of individual human beings, coupled with the influence of
chance, result in the emergence of markets. Other regularities
emerge in the patterns of economic growth, business cycles and in
the spatial locations of economic activity. Rethinking Economic
Behaviour demonstrates the implication of complexity theory for
business and government decision-making, and concludes with an
assessment of the future evolution of the market economy.
General
| Imprint: |
Palgrave Macmillan
|
| Country of origin: |
United Kingdom |
| Release date: |
2000 |
| First published: |
2000 |
| Authors: |
D Simpson
|
| Dimensions: |
203 x 127mm (L x W) |
| Format: |
Paperback
|
| Pages: |
234 |
| Edition: |
Softcover reprint of the original 1st ed. 2000 |
| ISBN-13: |
978-1-349-41821-3 |
| Categories: |
Books >
Business & Economics >
Economics >
Macroeconomics >
General
Promotions
|
| LSN: |
1-349-41821-8 |
| Barcode: |
9781349418213 |
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