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Nonlinearity, Bounded Rationality, and Heterogeneity, Tamotsu Onozaki


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Автор: Tamotsu Onozaki
Название:  Nonlinearity, Bounded Rationality, and Heterogeneity
ISBN: 9784431566373
Издательство: Springer
Классификация:




ISBN-10: 4431566376
Обложка/Формат: Soft cover
Страницы: 220
Вес: 0.37 кг.
Дата издания: 2018
Язык: English
Издание: Softcover reprint of
Иллюстрации: 20 tables, color; 22 illustrations, color; 58 illustrations, black and white; xiii, 220 p. 80 illus., 22 illus. in color.
Размер: 234 x 156 x 13
Читательская аудитория: Professional & vocational
Основная тема: Economics
Подзаголовок: Some Aspects of Market Economies as Complex Systems
Ссылка на Издательство: Link
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Поставляется из: Германии
Описание: This book pursues a nonlinear approach in considering both chaotic dynamical models and agent-based simulation models of economics, as well as their dynamical behaviors. Three key concepts arising in this context are “nonlinearity,” “bounded rationality” and “heterogeneity,” which also make up the title of the book. Nonlinearity is the warp that runs throughout all models because systems that exhibit chaotic or other complex behavior in the absence of any exogenous disturbances are absolutely nonlinear. Bounded rationality constitutes the woof, because economic systems do not exhibit complex behavior if all agents are perfectly rational, as is usually assumed in neoclassical economics. Agents who are boundedly rational have to struggle to do their best with limited information and tend to adapt to their economic environment without knowing what is the best. Furthermore, the heterogeneity of firms or consumers dyes the fabric of complex dynamics woven from the warp and woof.
Дополнительное описание: Part I   NONLINEAR ECONOMIC DYNAMICS   Chapter 1  The Nature and Significance of Nonlinear Economic Dynamics  Chapter 2  One-Dimensional Nonlinear Cobweb Model with Adaptive Production Adjustment  Chapter 3  Two-Dimensional Nonlinear Cobweb Model with Het



Emerging Risks in a World of Heterogeneity

Автор: Masayuki Tadokoro; Susumu Egashira; Kazuya Yamamot
Название: Emerging Risks in a World of Heterogeneity
ISBN: 9811356866 ISBN-13(EAN): 9789811356865
Издательство: Springer
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Цена: 16070.00 р.
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Описание:

This uniquely interdisciplinary volume analyzes the challenges posed by the heterogeneity of the world where radically different players are crammed into increasingly limited political, commercial, social, and ecological space. The rapid rise of Communist Party-ruled China is posing serious challenges to the postwar politico-economic architecture dominated by the United States. Russia, once expected to become a partner of the liberal Western international order, has started behaving in an increasingly unilateral fashion. The developing world is more characterized by failed governance rather than convergence to liberal democracies as was hoped by many Western authors. Given links provided by low-cost carriers, the Internet, and trade and investment, we simply cannot shield ourselves from influences, whether benign or malign, from neighbors on this planet.
The authors, including political scientists, economists, social physicists, and experts on complexity theory and informatics, examine how interactions among actors with different properties can cause problems, and they analyze risks resulting from the interactions. While employing a variety of approaches to address topics such as economic interdependence among democracies and authoritarian states, the development assistance regimes, internal conflicts in developing countries, and cyber security, the whole volume presents a clear overview of challenges and risks the world is facing. This work makes a valuable contribution to students of social sciences as well as to practitioners interested in the emerging global order.


Bounded Rationality and Economic Diplomacy

Автор: Skovgaard Poulsen Lauge N
Название: Bounded Rationality and Economic Diplomacy
ISBN: 110755201X ISBN-13(EAN): 9781107552012
Издательство: Cambridge Academ
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Цена: 5069.00 р.
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Описание: Investment treaties have empowered foreign investors to file expensive, controversial, and wide-ranging claims against sovereign states. This book examines why and how the treaties were negotiated based on a novel theory of economic diplomacy rooted in behavioural economics and psychology.

Bounded Rationality and Behavioural Economics

Автор: Mallard
Название: Bounded Rationality and Behavioural Economics
ISBN: 1138499749 ISBN-13(EAN): 9781138499744
Издательство: Taylor&Francis
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Цена: 7348.00 р.
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Описание: In the last forty years there has been an astonishing surge in our understanding of how people make economic decisions. This book examines the evolution of the two fields credited with such advances, behavioural economics and bounded rationality. It calls for a re-fusion of bounded rationality and behavioural economics, and will be of interest to both students and researcher.

Bounded Rationality and Behavioural Economics

Автор: Mallard
Название: Bounded Rationality and Behavioural Economics
ISBN: 1138790206 ISBN-13(EAN): 9781138790209
Издательство: Taylor&Francis
Рейтинг:
Цена: 22968.00 р.
Наличие на складе: Есть у поставщика Поставка под заказ.

Описание: In the last forty years there has been an astonishing surge in our understanding of how people make economic decisions. This book examines the evolution of the two fields credited with such advances, behavioural economics and bounded rationality. It calls for a re-fusion of bounded rationality and behavioural economics, and will be of interest to both students and researcher.

Bounded Rationality and Industrial Organization

Автор: Spiegler, Ran
Название: Bounded Rationality and Industrial Organization
ISBN: 0195398718 ISBN-13(EAN): 9780195398717
Издательство: Oxford Academ
Цена: 11246.00 р.
Наличие на складе: Поставка под заказ.

Описание: Grounded in key observations in consumer psychology, Bounded Rationality and Industrial Organization develops non-standard models of "boundedly rational" consumer behavior and embeds them into familiar models of markets.

Nonlinearity, Bounded Rationality, and Heterogeneity

Автор: Tamotsu Onozaki
Название: Nonlinearity, Bounded Rationality, and Heterogeneity
ISBN: 4431549706 ISBN-13(EAN): 9784431549703
Издательство: Springer
Рейтинг:
Цена: 16769.00 р.
Наличие на складе: Есть у поставщика Поставка под заказ.

Описание: This book pursues a nonlinear approach in considering both chaotic dynamical models and agent-based simulation models of economics, as well as their dynamical behaviors. Three key concepts arising in this context are “nonlinearity,” “bounded rationality” and “heterogeneity,” which also make up the title of the book. Nonlinearity is the warp that runs throughout all models because systems that exhibit chaotic or other complex behavior in the absence of any exogenous disturbances are absolutely nonlinear. Bounded rationality constitutes the woof, because economic systems do not exhibit complex behavior if all agents are perfectly rational, as is usually assumed in neoclassical economics. Agents who are boundedly rational have to struggle to do their best with limited information and tend to adapt to their economic environment without knowing what is the best. Furthermore, the heterogeneity of firms or consumers dyes the fabric of complex dynamics woven from the warp and woof.

Emerging Risks in a World of Heterogeneity

Автор: Tadokoro
Название: Emerging Risks in a World of Heterogeneity
ISBN: 9811079676 ISBN-13(EAN): 9789811079672
Издательство: Springer
Рейтинг:
Цена: 16070.00 р.
Наличие на складе: Есть у поставщика Поставка под заказ.

Описание: While employing a variety of approaches to address topics such as economic interdependence among democracies and authoritarian states, the development assistance regimes, internal conflicts in developing countries, and cyber security, the whole volume presents a clear overview of challenges and risks the world is facing.

Bounded Rationality and Economic Diplomacy

Автор: Skovgaard Poulsen
Название: Bounded Rationality and Economic Diplomacy
ISBN: 1107119537 ISBN-13(EAN): 9781107119536
Издательство: Cambridge Academ
Рейтинг:
Цена: 14256.00 р.
Наличие на складе: Есть у поставщика Поставка под заказ.

Описание: Investment treaties have empowered foreign investors to file expensive, controversial, and wide-ranging claims against sovereign states. This book examines why and how the treaties were negotiated based on a novel theory of economic diplomacy rooted in behavioural economics and psychology.

Bounded Rationality and Industrial Organization

Автор: Currall Steven Christian, Spiegler Ran
Название: Bounded Rationality and Industrial Organization
ISBN: 0199334269 ISBN-13(EAN): 9780199334261
Издательство: Oxford Academ
Рейтинг:
Цена: 6018.00 р.
Наличие на складе: Есть у поставщика Поставка под заказ.

Описание: Grounded in key observations in consumer psychology, Bounded Rationality and Industrial Organization develops non-standard models of "boundedly rational" consumer behavior and embeds them into familiar models of markets.

Globalization: The Macroeconomic Implications of Microeconomic Heterogeneity

Автор: Levchenko Andrei A.
Название: Globalization: The Macroeconomic Implications of Microeconomic Heterogeneity
ISBN: 981466300X ISBN-13(EAN): 9789814663007
Издательство: World Scientific Publishing
Цена: 19800.00 р.
Наличие на складе: Есть у поставщика Поставка под заказ.

Описание: We live in an era of globalization: ever increasing international integration of goods, capital, and labor markets.

Social Norms, Bounded Rationality and Optimal Contracts

Автор: Suren Basov
Название: Social Norms, Bounded Rationality and Optimal Contracts
ISBN: 9811010390 ISBN-13(EAN): 9789811010392
Издательство: Springer
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Цена: 16070.00 р.
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Описание: Chapter 1 Preface.- Part I Mechanism Design under Bounded Rationality.- Chapter 2 Introduction.- Chapter 3 Complexity constraints and mechanism design.- Chapter 4 Learning, probabilistic choice, and mechanism design.- Chapter 5 Some other models of mechanism design under bounded rationality.- Chapter 6 Conclusions.- Part II Social Norms and Mechanism Design.- Chapter 7 Peer Pressure and Agency Relationship.- Chapter 8 Statistical Mechanics of High Performing Working Systems.- Chapter 9 Optimal contracting in social environment.- Part III Lessons learnt and directions for future research.

Models Of Bounded Rationality And Mechanism Design

Автор: Rubinstein Ariel Et Al
Название: Models Of Bounded Rationality And Mechanism Design
ISBN: 9813141328 ISBN-13(EAN): 9789813141322
Издательство: World Scientific Publishing
Цена: 15048.00 р.
Наличие на складе: Есть у поставщика Поставка под заказ.

Описание:

This book brings together the authors' joint papers from over a period of more than twenty years. The collection includes seven papers, each of which presents a novel and rigorous model in Economic Theory.

All of the models are within the domain of implementation and mechanism design theories. These theories attempt to explain how incentive schemes and organizations can be designed with the goal of inducing agents to behave according to the designer's (principal's) objectives. Most of the literature assumes that agents are fully rational. In contrast, the authors inject into each model an element which conflicts with the standard notion of full rationality, demonstrating how such elements can dramatically change the mechanism design problem.

Although all of the models presented in this volume touch on mechanism design issues, it is the formal modeling of bounded rationality that the authors are most interested in. A model of bounded rationality signifies a model that contains a procedural element of reasoning that is not consistent with full rationality. Rather than looking for a canonical model of bounded rationality, the articles introduce a variety of modeling devices that will capture procedural elements not previously considered, and which alter the analysis of the model.

The book is a journey into the modeling of bounded rationality. It is a collection of modeling ideas rather than a general alternative theory of implementation.


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