| Description |
1 online resource (x, 391 pages) : illustrations |
| Contents |
Machine generated contents note: Ch. 1 Trading Behavior and Excess Volatility in Toy Markets / M. Marsili / D. Challet -- Ch. 2 Percolation Models of Financial Market Dynamics / D. Stauffer -- Ch. 3 Electrodynamical Model of Quasi-Efficient Financial Markets / K.N. Ilinski / A.S. Stepanenko -- Ch. 4 Multi-Agent Market Modeling of Foreign Exchange Rates / R. Neuneier / R. Grothmann / G. Zimmermann -- Ch. 5 Forecasting Price Increments Using an Artificial Neural Network / F. Castiglione -- Ch. 6 Spectral Regularization, Data Complexity and Agent Behavior / A. Ilyinsky -- Ch. 7 Dynamics of Economic and Technological Search Processes in Complex Adaptive Landscapes / Karmeshu / W. Ebeling / A. Scharnhorst -- Ch. 8 New Results in a Self-Organized Model of Technological Evolution / F. Vega-Redondo / C.J. Perez / G. Oron / M. Llas / X. Guardiola / A. Diaz-Guilera / A. Arenas -- Ch. 9 Firms' Decision Making Process in an Evolutionary Model of Industrial Dynamics / W. Kwasnicki -- Ch. 10 Modelling Migration and Economic Agglomeration with Active Brownian Particles / F. Schweitzer -- Ch. 11 Evolution of Industrial Clusters -- Simulating Spatial Dynamics / N. Weigelt / T. Brenner -- Ch. 12 Growth Dynamics of German Business Firms / J. Voit -- Ch. 13 Dynamic Theory of a Firm: An Application of 'Economic Forces' / M. Estola -- Ch. 14 Adaptive Platform Dynamics in Multi-Party Spatial Voting / B.M.R. Stadler -- Ch. 15 Subtle Nonlinearity in Popular Album Charts / H.D.G. Maschner / R.A. Bentley -- Ch. 16 Dynamical Aspects in the Adoption of Agri-Environmental Measures / G. Boudjema / G. Weisbuch -- Ch. 17 Collective Choice and Mutual Knowledge Structures / W.A. Richards / B.D. McKay / D. Richard -- Ch. 18 Evolutionary Study of Interethnic Cooperation / V. Kvasnicka / J. Pospichal |
| Summary |
Economics and the social sciences are, in fact, the "hard" sciences, as Herbert Simon argued, because the complexity of the problems dealt with cannot simply be reduced to analytically solvable models or decomposed into separate subprocesses. Nevertheless, in recent years, the emerging interdisciplinary "sciences of complexity" have provided new methods and tools for tackling these problems, ranging from complex data analysis to sophisticated computer simulations. In particular, advanced methods developed in the natural sciences have recently also been applied to social and economic problems. The twenty-one chapters of this book reflect this modern development from various modeling perspectives (such as agent-based models, evolutionary game theory, reinforcement learning and neural network techniques, time series analysis, non-equilibrium macroscopic dynamics) and for a broad range of socio-economic applications (market dynamics, technological evolution, spatial dynamics and economic growth, decision processes, and agent societies). They jointly demonstrate a shift of perspective in economics and the social sciences that is allowing a new outlook in this field to emerge |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Print version record |
| Subject |
Economics -- Mathematical models.
|
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Economics, Mathematical.
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BUSINESS & ECONOMICS -- Economics -- Theory.
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Economics, Mathematical
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Economics -- Mathematical models
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| Form |
Electronic book
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| Author |
Schweitzer, Frank.
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| LC no. |
2003271279 |
| ISBN |
9789812777263 |
|
9812777261 |
|
9789812380357 |
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9812380353 |
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9789812380340 |
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9812380345 |
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