Complexity in economics:
Neoclassical economics is heavily based on a formalistic method, primarily centred on mathematical deduction. Consequently, mainstream economists became overfocused on describing the states of an economy rather than understanding the processes driving these states. However, many phenomena arise from...
Gespeichert in:
| Beteilige Person: | |
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| Weitere beteiligte Personen: | , |
| Format: | E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Cambridge
Cambridge University Press
2024
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| Schriftenreihe: | Cambridge elements. Elements in complexity and agent-based economics
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| Links: | https://doi.org/10.1017/9781009547765 |
| Zusammenfassung: | Neoclassical economics is heavily based on a formalistic method, primarily centred on mathematical deduction. Consequently, mainstream economists became overfocused on describing the states of an economy rather than understanding the processes driving these states. However, many phenomena arise from the intricate interactions among diverse elements, eluding explanation solely through micro-level rules. Such systems, characterised by emergent properties arising from interactions, are defined as complex. This Element delves into the complexity approach, portraying the economy as an evolving system undergoing structural changes over time. |
| Umfang: | 1 Online-Ressource (80 Seiten) |
| ISBN: | 9781009547765 |
| ISSN: | 2732-5067 |
Internformat
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| spelling | Landini, Simone Complexity in economics Simone Landini, Giacomo Gallegati, Mauro Gallegati Cambridge Cambridge University Press 2024 1 Online-Ressource (80 Seiten) txt c cr Cambridge elements. Elements in complexity and agent-based economics 2732-5067 Neoclassical economics is heavily based on a formalistic method, primarily centred on mathematical deduction. Consequently, mainstream economists became overfocused on describing the states of an economy rather than understanding the processes driving these states. However, many phenomena arise from the intricate interactions among diverse elements, eluding explanation solely through micro-level rules. Such systems, characterised by emergent properties arising from interactions, are defined as complex. This Element delves into the complexity approach, portraying the economy as an evolving system undergoing structural changes over time. Gallegati, Giacomo Gallegati, M. Erscheint auch als Druck-Ausgabe 9781009547727 Erscheint auch als Druck-Ausgabe 9781009547734 |
| spellingShingle | Landini, Simone Complexity in economics |
| title | Complexity in economics |
| title_auth | Complexity in economics |
| title_exact_search | Complexity in economics |
| title_full | Complexity in economics Simone Landini, Giacomo Gallegati, Mauro Gallegati |
| title_fullStr | Complexity in economics Simone Landini, Giacomo Gallegati, Mauro Gallegati |
| title_full_unstemmed | Complexity in economics Simone Landini, Giacomo Gallegati, Mauro Gallegati |
| title_short | Complexity in economics |
| title_sort | complexity in economics |
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