Items related to Positive Feedback Economies

Positive Feedback Economies - Hardcover

 
9780312212483: Positive Feedback Economies

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Synopsis

Examines the economy as a complex system and to show that the presence of self-reinforcing mechanisms in different economic problems gives rise to common regularities and common qualitative properties. Maintains that these self-reinforcing positive feedback mechanisms can cause multiple equilibria and possible inefficiency. Issues such as lock-in, path- dependence, and symmetry-breaking are detailed. Annotation c. by Book News, Inc., Portland, Or.

"synopsis" may belong to another edition of this title.

  • PublisherPalgrave Macmillan
  • Publication date1998
  • ISBN 10 0312212488
  • ISBN 13 9780312212483
  • BindingHardcover
  • LanguageEnglish
  • Edition number4
  • Number of pages154

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