Trading Economics | New Theory for Trading System Evolution

Zhenying Wang

ISBN 10: 9819998778 / ISBN 13: 9789819998777

Published by Springer Singapore, 2025

About this Item

Trading Economics | New Theory for Trading System Evolution | Zhenying Wang | Taschenbuch | xxxi | Englisch | 2025 | Springer Singapore | EAN 9789819998777 | Verantwortliche Person für die EU: Springer Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg, juergen[dot]hartmann[at]springer[dot]com | Anbieter: preigu.

Seller Inventory # 133221300

Bibliographic Details

• Title: Trading Economics | New Theory for Trading System Evolution
• Publisher: Springer Singapore
• Publication Date: 2025
• Language: English
• ISBN 10: 9819998778
• ISBN 13: 9789819998777
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 235W x 155H x 34D millimeters 235 millimeters width by 155 millimeters height by 34 millimeters depth
• Weight: 937 grams
• Seller catalogs:
  • Bücher

About this title

Synopsis

This book reconstructs the theoretical framework of economics by examining the concept of trading, the trading network, and the evolution of a trading system, tied together by the notion of “bounded rationality.” Trading economics uproots the theoretical paradigm of mainstream economics and enables timeworn economic thinking to deal with the various complex phenomena of the modern economy.

Mainstream economic theories see growth as the combined result of family and enterprise activities. Based on this understanding, established economic policies all focus on how to effectively influence the behavior of trading agents. Trading economics, by contrast, believes economic growth is the product of the activities of a self-organizing network of families and enterprises, rather than a simple superposition of the behaviors of trading agents. In policy design, trading economics looks to maintain the structural integrity of the trading network and the stability of the trading cycle.

About the Author

Zhenying Wang is a research fellow at the People's Bank of China. He received his Ph.D. from Renmin University of China in 1994. According to his long working experience in the central bank, he creatively proposed a new theory of Complexity Economics, and his monograph Principles of Trading Economics was published in 2016. The book "Principles of Trading Economics" has received widespread attention from the academic circles.