Complexity and the Economy [Audiobook] download free by External Professor W Brian Arthur

Complexity and the Economy Audiobook download free by External Professor W Brian Arthur
  • Listen audiobook: Complexity and the Economy
  • Author: External Professor W Brian Arthur
  • Release date: 2014/1/21
  • Publisher: OXFORD UNIVERSITY PRESS, USA
  • Language: English
  • Genre or Collection: Science and Geography
  • ISBN: 9780199334292
  • Rating: 8.78 of 10
  • Votes: 883
  • Review by: Micah March
  • Review rating: 8.06 of 10
  • Review Date: 2018/9/7
  • Duration: 2H55M17S in 256 kbps (48 MB)
  • Date of creation of the audiobook: 2018-07-19
  • You can listen to this audiobook in formats: MPEG-4 DST, Apple Lossless, WAV, FLAC, WMA, MPEG4, MP3 (compression GZ, TAR, ZIP, RAR, RZ, TBZ2)
  • Total pages original book: 240
  • Includes a PDF summary of 27 pages
  • Duration of the summary (audio): 20M7S (5.4 MB)
  • Description or summary of the audiobook: Economics is changing. In the last few years it has generated a number of new approaches. One of the most promising - complexity economics - was pioneered in the 1980s and 1990s by a small team at the Santa Fe Institute. Economist and complexity theorist W. Brian Arthur led that team, and in this book he collects many of his articles on this new approach. The traditional framework sees behavior in the economy as in an equilibrium steady state. People in the economy face well-defined problems and use perfect deductive reasoning to base their actions on. The complexity framework, by contrast, sees the economy as always in process, always changing. People try to make sense of the situations they face using whatever reasoning they have at hand, and together create outcomes they must individually react to anew. The resulting economy is not a well-ordered machine, but a complex evolving system that is imperfect, perpetually constructing itself anew, and brimming with vitality. The new vision complements and widens the standard one, and it helps answer many questions: Why does the stock market show moods and a psychology? Why do high-tech markets tend to lock in to the dominance of one or two very large players? How do economies form, and how do they continually alter in structure over time? The papers collected here were among the first to use evolutionary computation, agent-based modeling, and cognitive psychology. They cover topics as disparate as how markets form out of beliefs; how technology evolves over the long span of time; why systems and bureaucracies get more complicated as they evolve; and how financial crises can be foreseen and prevented in the future.
  • Other categories, genre or collection: Economic Geography, Cognition & Cognitive Psychology, Economics
  • Download servers: Microsoft OneDrive, FreakShare, Torrent, FileServe, X Cloud, Degoo, Monova, 4Shared, Dropbox, Google Drive. Compressed in GZ, TAR, ZIP, RAR, RZ, TBZ2
  • Format: Hardback
  • Approximate value: 50.28 USD
  • Dimensions: 154.94x236.22x27.94mm
  • Weight: 430.91g
  • Printed by: Not Available
  • Published in: United States

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