Commerce, Complexity, and Evolution : Topics in Economics, Finance, Marketing, and Management: Proceedings of the Twelfth International Symposium in Economic Theory and Econometrics / edited by William A. Barnett, Carl Chiarella, Steve Keen, Robert Marks, Hermann Schnabl.
Commerce, Complexity, and Evolution is a significant contribution to the paradigm - straddling economics, finance, marketing, and management - which acknowledges that commercial systems are evolutionary, and must therefore be analysed using evolutionary tools. Evolutionary systems display complicate...
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Full Text (via Cambridge) |
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Other Authors: | , , , , |
Format: | Electronic eBook |
Language: | English |
Published: |
Cambridge :
Cambridge University Press,
2000.
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Series: | International symposia in economic theory and econometrics ;
no. 12. |
Subjects: |
Summary: | Commerce, Complexity, and Evolution is a significant contribution to the paradigm - straddling economics, finance, marketing, and management - which acknowledges that commercial systems are evolutionary, and must therefore be analysed using evolutionary tools. Evolutionary systems display complicated behaviours which are to a significant degree generated endogenously, rather than being solely the product of exogenous shocks, hence the conjunction of complexity with evolution. This volume considers a wide range of systems, from the entire economy at one extreme to the behaviour of single markets at the other. The papers are united by methodologies which at their core are evolutionary, though the techniques cover a wide range, from philosophical discourse to differential equations, genetic algorithms, multi-agent simulations and cellular automata. Issues considered include the dynamics of debt-deflation, stock management in a complex environment, interactions between consumers and its effect upon market behaviour, and nonlinear methods to profit from financial market volatility. |
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Item Description: | Title from publishers bibliographic system (viewed on 22 Dec 2011). |
Physical Description: | 1 online resource (424 pages) |
Bibliography: | Includes bibliographical references. |
ISBN: | 9780511896682 0511896689 9780521620307 0521620309 0521088216 9780521088213 |
DOI: | 10.1017/CBO9780511896682 |
Language: | English. |