The economy as an evolving complex system III : current perspectives and future directions / editors, Lawrence E. Blume, Steven N. Durlauf.

Format:

Book

Conference/Event

Contributor:

Blume, Lawrence.

Durlauf, Steven N.

Conference Name:

Economy as an Evolving Complex System III (2001 : Santa Fe, N.M.)

Series:

Proceedings volume in the Santa Fe Institute studies in the sciences of complexity.

Santa Fe Institute studies in the sciences of complexity

Language:

English

Subjects (All):

Evolutionary economics--Congresses.

Evolutionary economics.

Rational expectations (Economic theory)--Congresses.

Rational expectations (Economic theory).

Economics--Congresses.

Economics.

Physical Description:

1 online resource (388 p.)

Other Title:

Economy as an evolving complex system 3

Economy as an evolving complex system three

Place of Publication:

Oxford ; New York, N.Y. : Oxford University Press, 2006.

Language Note:

English

Summary:

Derived from the 2001 Santa Fe Institute Conference, ""The Economy as an Evolving Complex System III,"" represents scholarship from the leading figures in th area of economics and complexity. The subject, a perennial centerpiece of the SFI program of studies has gained a wide range of followers for its methods of employing empirical evidence in the development of analytical economic theories. Accordingly, the chapters in this volume addresses a wide variety of issues in the fields of economics and complexity, accessing eclectic techniques from many disciplines, provided that they shed light on

Contents:

Contents; Introduction; The Epidemiology of Macrocconomic Expectations; Social Learning and the Adoption of Knowledge; Rationality and Selection in Asset Markets; Statistical Physics and Economic Fluctuations; Market Efficiency, the Pareto Wealth Distribution, and the Lévy Distribution of Stock Returns; A Random Order Placement Model of Price Formation in the Continuous Double Auction; Multinomial Choice with Social Interactions; Heterogeneity and Uniqueness in Interaction Games; Perspectives on the Economy as an Evolving Complex System; The Diffusion of Innovations in Social Networks

Dynamic Properties of Local Interaction ModelsUseful Knowledge as an Evolving System: The View from Economic History; Prosocial Emotions; Index; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; Q; R; S; T; U; V; W; Y; Z

Notes:

Papers associated with a conference of same name held at the Santa Fe Institute 2001.

Includes bibliographical references and index.

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

0-19-977087-5

9786613097965

1-283-09796-6

OCLC:

701704575