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Economic Complexity - Non-Linear Dynamics, Multi-Agents Economies, and Learning (Hardcover)
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Economic Complexity - Non-Linear Dynamics, Multi-Agents Economies, and Learning (Hardcover)
Series: International Symposia in Economic Theory and Econometrics
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The last fifteen or twenty years have been marked by fundamental
advances in the sources of complex behavior in micro- and
macro-economics, in the practical and methodological implications
of such behavior, and in the methods and tools appropriate to cope
with them. Much of these developments have been driven by the
recognition and acceptance by economists of approaches initiated in
other fields - such as non-linear dynamics, statistical physics,
network theory, biology, computer science, and the use of
computational methods as problem-solving tools - giving rise to
important and innovative impulses to economic thinking.
The sixteen papers in this book -- the fourteenth volume in the
series International Symposia in Economic Theory and Econometrics -
reflect from various perspectives this recent evolution. They are
the outgrow from a selection of communications presented at the
COMPLEXITY2000 workshop held in Aix en Provence, France, 4-6 May
2000 - a workshop that brought together, from twenty-two nations,
almost seventy economists, mathematicians, biologists and
physicists interested in complex phenomena. All papers were
strictly refereed in the intended tradition of the series: to
provide journal quality collections of research papers of unusual
importance in areas of currently highly visible activity within the
economics profession.
With its selection of articles, the book presents an overview of
advanced contributions to complexity in economics and social
system, such as chaotic dynamics and multiple equilibria,
agent-based models, applications of genetic algorithms,
non-equilibrium macro-dynamics, information transmission, learning
mechanisms. Although the papers addresseconomic problems, the
authorship and the perspectives presented are interdisciplinary and
provide therefore a number of innovative insights and solutions to
classical or new questions.
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