Nonlinearity, Complexity and Randomness in Economics: Towards Algorithmic Foundations for Economics

Nonlinearity, Complexity and Randomness in Economics: Towards Algorithmic Foundations for Economics

Editor(s): Stefano Zambelli, Donald A. R. George

Published Online: 17 FEB 2012 02:21AM EST

Print ISBN: 9781444350319

Online ISBN: 9781118300442

DOI: 10.1002/9781118300442

About this Book

Nonlinearity, Complexity and Randomness in Economics presents a variety of papers by leading economists, scientists, and philosophers who focus on different aspects of nonlinearity, complexity and randomness, and their implications for economics. A theme of the book is that economics should be based on algorithmic, computable mathematical foundations.

  • Features an interdisciplinary collection of papers by economists, scientists, and philosophers
  • Presents new approaches to macroeconomic modelling, agent-based modelling, financial markets, and emergent complexity
  • Reveals how economics today must be based on algorithmic, computable mathematical foundations

Table of contents

    1. You have free access to this content
    2. Chapter 9

      Stock-Flow Interactions, Disequilibrium Macroeconomics and the Role of Economic Policy (pages 173–202)

      Toichiro Asada, Carl Chiarella, Peter Flaschel, Tarik Mouakil, Christian Proa˜no and Willi Semmler

    3. You have free access to this content

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