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Non-Equilibrium Social Science and Policy - Introduction and Essays on New and Changing Paradigms in Socio-Economic Thinking (Hardcover, 1st ed. 2017) Loot Price: R1,838
Discovery Miles 18 380
Non-Equilibrium Social Science and Policy - Introduction and Essays on New and Changing Paradigms in Socio-Economic Thinking...

Non-Equilibrium Social Science and Policy - Introduction and Essays on New and Changing Paradigms in Socio-Economic Thinking (Hardcover, 1st ed. 2017)

Jeffrey Johnson, Andrzej Nowak, Paul Ormerod, Bridget Rosewell, Yi-Cheng Zhang

Series: Understanding Complex Systems

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Loot Price R1,838 Discovery Miles 18 380 | Repayment Terms: R172 pm x 12*

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The overall aim of this book, an outcome of the European FP7 FET Open NESS project, is to contribute to the ongoing effort to put the quantitative social sciences on a proper footing for the 21st century. A key focus is economics, and its implications on policy making, where the still dominant traditional approach increasingly struggles to capture the economic realities we observe in the world today - with vested interests getting too often in the way of real advances. Insights into behavioral economics and modern computing techniques have made possible both the integration of larger information sets and the exploration of disequilibrium behavior. The domain-based chapters of this work illustrate how economic theory is the only branch of social sciences which still holds to its old paradigm of an equilibrium science - an assumption that has already been relaxed in all related fields of research in the light of recent advances in complex and dynamical systems theory and related data mining. The other chapters give various takes on policy and decision making in this context. Written in nontechnical style throughout, with a mix of tutorial and essay-like contributions, this book will benefit all researchers, scientists, professionals and practitioners interested in learning about the 'thinking in complexity' to understand how socio-economic systems really work.

General

Imprint: Springer International Publishing AG
Country of origin: Switzerland
Series: Understanding Complex Systems
Release date: 2017
First published: 2017
Editors: Jeffrey Johnson • Andrzej Nowak • Paul Ormerod • Bridget Rosewell • Yi-Cheng Zhang
Dimensions: 235 x 155 x 14mm (L x W x T)
Format: Hardcover
Pages: 232
Edition: 1st ed. 2017
ISBN-13: 978-3-319-42422-4
Categories: Books > Social sciences > Sociology, social studies > Social theory
Books > Business & Economics > Economics > Economic theory & philosophy
Books > Social sciences > Sociology, social studies > Social research & statistics > General
LSN: 3-319-42422-X
Barcode: 9783319424224

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