Commerce, Complexity, and Evolution: Topics in Economics, Finance, Marketing, and Management: Proceedings of the Twelfth International Symposium in Economic Theory and Econometrics

Author:   William A. Barnett (Washington University, Missouri) ,  Carl Chiarella (University of Technology, Sydney) ,  Steve Keen (University of Western Sydney Macarthur) ,  Robert Marks (Australian Graduate School of Management)
Publisher:   Cambridge University Press
Volume:   12
ISBN:  

9780511896682


Publication Date:   05 December 2011
Format:   Undefined
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Commerce, Complexity, and Evolution: Topics in Economics, Finance, Marketing, and Management: Proceedings of the Twelfth International Symposium in Economic Theory and Econometrics


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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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Author:   William A. Barnett (Washington University, Missouri) ,  Carl Chiarella (University of Technology, Sydney) ,  Steve Keen (University of Western Sydney Macarthur) ,  Robert Marks (Australian Graduate School of Management)
Publisher:   Cambridge University Press
Imprint:   Cambridge University Press (Virtual Publishing)
Volume:   12
ISBN:  

9780511896682


ISBN 10:   0511896689
Publication Date:   05 December 2011
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Undefined
Publisher's Status:   Active
Availability:   Available To Order   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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