The Complexity Vision And The Teaching Of Economics

Author: David C. Colander
Editor: Edward Elgar Pub
ISBN:
File Size: 65,78 MB
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This ground-breaking book focuses on the implications of the complexity vision, such as that held by economists at the Santa Fe Institute, for the teaching of economics. This complexity vision suggests that answers to questions such as how do markets develop and how do they evolve need to be approached head on. Complexity economics is beginning to do just that. Most of the work in complexity is highly formal and technical; it seems far away from issues such as the teaching of economics. This book is different. The focus of this book is not on the grand theories, or technical aspects, of complexity. Instead it is on the teaching of economics. It asks the question: how would the teaching of economics change if complexity is taken seriously? An outstanding group of contributors, including Brian Arthur, Buz Brock, and Duncan Foley, provide interesting and provocative answers to that question in a non-technical and highly accessible style. It is a book that should be read by all those teaching economics, as well as those who are interested in where the complexity revolution in science might be leading.
The Complexity Vision and the Teaching of Economics
Language: en
Pages: 307
Authors: David C. Colander
Categories: Business & Economics
Type: BOOK - Published: 2000 - Publisher: Edward Elgar Pub

This ground-breaking book focuses on the implications of the complexity vision, such as that held by economists at the Santa Fe Institute, for the teaching of economics. This complexity vision suggests that answers to questions such as how do markets develop and how do they evolve need to be approached
Complexity and the Economy
Language: en
Pages: 323
Authors: John H. Finch, Magali Orillard
Categories: Business & Economics
Type: BOOK - Published: 2005-01-01 - Publisher: Edward Elgar Publishing

The internationally-renowned contributors to this book examine the causes and consequences of complexity among the broadly economic phenomena of firms, industries and socio-economic policy. They make a valuable contribution to the increasingly prominent subject of complexity, especially for those whose interests include evolutionary, behavioral, political and social approaches to understanding
Big Players and the Economic Theory of Expectations
Language: en
Pages: 248
Authors: R. Koppl
Categories: Business & Economics
Type: BOOK - Published: 2002-06-19 - Publisher: Springer

Investment and all other economic actions depend on 'subjective' expectations. The problem is how to construct a theory of expectations that assumes people interpret their situations in unpredictable ways. Building on the evolutionary economics of F.A.Hayek, Koppl gives us such a theory. This includes a theory of 'Big Players', demonstrating
The Paradigm of Social Complexity
Language: en
Pages: 1032
Authors: Gonzalo Castañeda
Categories: Mathematics
Type: BOOK - Published: 2020-08-04 - Publisher: CEEY

With the recent developments in computing technologies and the thriving research scene in Complexity Science, economists and other social scientists have become aware of a more flexible and promising alternative for modelling socioeconomic systems; one that, in contrast with neoclassical economics, advocates for the realism of the assumptions, the importance
Complexity and the Art of Public Policy
Language: en
Pages: 320
Authors: David Colander, Roland Kupers
Categories: Business & Economics
Type: BOOK - Published: 2016-02-16 - Publisher: Princeton University Press

How ideas in complexity can be used to develop more effective public policy Complexity science—made possible by modern analytical and computational advances—is changing the way we think about social systems and social theory. Unfortunately, economists' policy models have not kept up and are stuck in either a market fundamentalist or