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Complexity and the Economy, Arthur W. Brian


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Автор: Arthur W. Brian
Название:  Complexity and the Economy
ISBN: 9780199334292
Издательство: Oxford Academ
Классификация:



ISBN-10: 0199334293
Обложка/Формат: Hardcover
Страницы: 240
Вес: 0.45 кг.
Дата издания: 30.10.2014
Язык: English
Размер: 236 x 160 x 20
Ссылка на Издательство: Link
Поставляется из: Англии
Описание: Economics is changing. In the last few years it has generated a number of new approaches. One of the most promising - complexity economics - was pioneered in the 1980s and 1990s by a small team at the Santa Fe Institute. Economist and complexity theorist W. Brian Arthur led that team, and in
this book he collects many of his articles on this new approach. The traditional framework sees behavior in the economy as in an equilibrium steady state. People in the economy face well-defined problems and use perfect deductive reasoning to base their actions on. The complexity framework, by
contrast, sees the economy as always in process, always changing. People try to make sense of the situations they face using whatever reasoning they have at hand, and together create outcomes they must individually react to anew. The resulting economy is not a well-ordered machine, but a complex
evolving system that is imperfect, perpetually constructing itself anew, and brimming with vitality.

The new vision complements and widens the standard one, and it helps answer many questions: Why does the stock market show moods and a psychology? Why do high-tech markets tend to lock in to the dominance of one or two very large players? How do economies form, and how do they continually alter in
structure over time?

The papers collected here were among the first to use evolutionary computation, agent-based modeling, and cognitive psychology. They cover topics as disparate as how markets form out of beliefs; how technology evolves over the long span of time; why systems and bureaucracies get more complicated as
they evolve; and how financial crises can be foreseen and prevented in the future.



Miners strike day by day

Автор: Wakefield, Arthur Elliot, Brian
Название: Miners strike day by day
ISBN: 1903425166 ISBN-13(EAN): 9781903425169
Издательство: Неизвестно
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Цена: 2058.00 р.
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Описание: Facing probable redundancy in his mid-fifties, South Elmsall miner Arthur Wakefield, fought for jobs and communities throughout the great strike of 1984/85. He also kept a marvellous diary, recording his experiences, impressions and events in considerable detail. The diary is a unique personal day by day account of the most bitter industrial dispute of the 20th century.

Armed with nothing more than determination and a camera, he by-passed countless blockades and in the early hours of the morning he would join his colleagues at picket lines at pits, ports, power stations and works in many parts of Yorkshire, Nottinghamshire, Lancashire and the Midlands. He also attended many rallies and marches, and was a regular 'support the miners' collector in London. Arthur Wakefield was a key witness at the 'Battle of Orgreave', on 18 June 1984, which he describes as 'Monday, Bloody Monday', the 100th day of the strike.

His descriptions of the 'Battle' contained here in this book have also helped produce an historical live re-enactment to be shown on Channel 4 in April.

The Nature of Technology

Автор: Brian W. Arthur
Название: The Nature of Technology
ISBN: 184614017X ISBN-13(EAN): 9781846140174
Издательство: Random House - Penguin
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Цена: 2033.00 р.
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Описание: Examines the nature of technology: what is it and how does it evolve? This book gives insights into the evolution of specific technologies and a framework for thinking about others.


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