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Synopsis: Economics and the social sciences are, in fact, the “hard” sciences, as Herbert Simon argued, because the complexity of the problems dealt with cannot simply be reduced to analytically solvable models or decomposed into separate subprocesses. Nevertheless, in recent years, the emerging interdisciplinary “sciences of complexity” have provided new methods and tools for tackling these problems, ranging from complex data analysis to sophisticated computer simulations. In particular, advanced methods developed in the natural sciences have recently also been applied to social and economic problems.The twenty-one chapters of this book reflect this modern development from various modeling perspectives (such as agent-based models, evolutionary game theory, reinforcement learning and neural network techniques, time series analysis, non-equilibrium macroscopic dynamics) and for a broad range of socio-economic applications (market dynamics, technological evolution, spatial dynamics and economic growth, decision processes, and agent societies). They jointly demonstrate a shift of perspective in economics and the social sciences that is allowing a new outlook in this field to emerge.
Title: Modeling Complexity in Economic and Social ...
Publisher: World Scientific Pub Co Inc
Publication Date: 2003
Book Condition: Good
Book Description World Scientific Publishing Company, 2002. Hardcover. Condition: Collectible: Very Good. Dust Jacket Condition: Very Good. First Edition. London: World Scientific Publishing Company, 2002. First edition. Hardcover. 391 pp. Very good, in a very good jacket. Book has a slight lean and bumped spine ends. Jacket has a touch of edge wear, a sunned and bumped spine, and lightly bumped corners. Seller Inventory # 057952
Book Description World Scientific Pub Co Inc, 2003. Hardcover. Condition: Used: Good. Seller Inventory # SONG9812380345