Foundations and Applications of Complexity Economics

Released on by J. Barkley Rosser, Jr.
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  • Foundations and Applications of Complexity Economics Book Detail

  • Author : J. Barkley Rosser, Jr.
  • Release Date : 2021-05-21
  • Publisher : Springer Nature
  • Genre : Business & Economics
  • Pages : 174
  • ISBN 13 : 3030706680
  • File Size : 2,2 MB
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Foundations and Applications of Complexity Economics by J. Barkley Rosser, Jr. PDF Summary

Book Description: This book presents a survey of the aspects of economic complexity, with a focus on foundational, interdisciplinary ideas. The long-awaited follow up to his 2011 volume Complex Evolutionary Dynamics in Urban-Regional and Ecologic-Economic Systems: From Catastrophe to Chaos and Beyond, this volume draws together the threads of Rosser’s earlier work on complexity theory and its wide applications in economics and an expanded list of related disciplines. The book begins with a full account of the broader categories of complexity in economics--dynamic, computational, hierarchical, and structural--before shifting to more detailed analysis. The next two chapters address problems associated with computational complexity, especially those of computability, and discuss the Godel Incompleteness Theorem with a focus on reflexivity. The middle chapters discuss the relationship between entropy, econophysics, evolution, and economic complexity, respectively, with applications in urban and regional dynamics, ecological economics, general equilibrium theory, as well as financial market dynamics. The final chapter works to bring together these themes into a broader framework and expose some of the limits concerning analysis of deeper foundational issues. With applications in all disciplines characterized by interconnected nonlinear adaptive systems, this book is appropriate for graduate students, professors and practitioners in economics and related disciplines such as regional science, mathematics, physics, biology, environmental sciences, philosophy, and psychology.

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Complexity and the Economy

Complexity and the Economy

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A collection of previous published papers by the author on the subject of complexity economics, appearing from the 1980s to the present.