Nonlinear models for economic decision processes / Ionut Purica.

Format:

Book

Author/Creator:

Purica, Ionut.

Language:

English

Subjects (All):

Economics--Decision making--Mathematical models.

Economics.

Physical Description:

1 online resource (176 p.)

Edition:

1st ed.

Place of Publication:

London : Imperial College Press ; Singapore ; Hackensack, NJ : distributed by World Scientific, c2010.

Language Note:

English

Summary:

Using models, developed in one branch of science, to describe similar behaviors encountered in a different one, is the essence of a synergetic approach. A wide range of topics has been developed including Agent-based models, econophysics, socio-economic networks, information, bounded rationality and learning in economics, markets as complex adaptive systems - evolutionary economics, multi scale analysis and modeling, nonlinear dynamics and econometrics, physics of risk, statistical and probabilistic methods in economics and finance. This publication concentrates on process behavior of economic

Contents:

Contents; 1. Introduction: Reasons for Writing this Book, a Decision Theory Approach; 2. Nonlinear Models for the Labour Market; 3. Second Order Effects in Population Migration; 4. Cities: Reactors for Economic Transactions; 5. Considerations on the Reform in the Power Sector (Avoiding Chaos in the Path to an Optimal Market Structure); 6. A Model of Non-linear Dynamics in the Implementation of Decisions for the Evolution of Energy Technologies; 7. Non-linear Effects in Knowledge Production; 8. Institutional Structures as Benard-Taylor Processes; 9. Oscillatory Processes in Economic Systems

10. Final Thoughts on a Different Way of Looking at Economic ProcessesGeneral References; Index

Notes:

Description based upon print version of record.

Includes bibliographical references (p. 159-165) and index.

ISBN:

9786612759970

9781282759978

1282759973

9781848164284

1848164289

OCLC:

667822740