UID:
almahu_9947415271602882
Umfang:
1 online resource (xxvii, 394 pages) :
,
digital, PDF file(s).
ISBN:
9780511896682 (ebook)
Serie:
International symposia in economic theory and econometrics ; 12
Inhalt:
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.
Anmerkung:
Title from publisher's bibliographic system (viewed on 05 Oct 2015).
,
Toward a generalized Coase theorem : a theory of the emergence of social and institutional structures under imperfect information / Bertin Martens -- Universal Darwinism and social research : the case of economics / John Nightingale -- Uncertainty, risk, and chaos / James Juniper -- The role of innovation in economics / Russell K. Standish -- The nonlinear economics of debt deflation / Steve Keen -- The emergence of complex dynamics in a "naturally" nonlinear integrated Keynesian model of monetary growth / Carl Chiarella and Peter Flaschel -- Stochastic volatility in interest rates and complex dynamics in velocity / William A. Barnett and Haiyang Xu -- A genetic-programming-based approach to the generation of foreign-exchange trading models / Andrew Colin -- Hybrid option pricing with an optimal weighted implied standard deviation / Paul Lajbcygier, Andrew Flitman, and Marimuthu Palaniswami -- Evolutionary patterns of multisectoral growth dynamics / Hermann Schnabl -- The detection of evolutionary change in nonlinear economic processes : a new statistical methodology / John Foster and Phillip Wild -- Ergodic chaos in a piecewise linear cobweb model / Akio Matsumoto -- The cobweb model and a modified genetic algorithm / Janice Gaffney [and others] -- The convergence of genetic learning algorithms, with particular reference to recent cobweb models / C.E.M. Pearce -- A complex-systems simulation approach to evaluating plan-based and reactive trading strategies / Robert B. Johnston and John M. Betts -- Genetic algorithms and evolutionary games / Xin Yao and Paul Darwen -- Evolved perception and the validation of simulation models / Robert Marks -- The application of cellular-automata and agent models to network externalities in consumers' theory : a generalization-of-life game / Sobei H. Oda [and others] -- Engendering change / Joshua S. Gans.
Weitere Ausg.:
Print version: ISBN 9780521620307
Sprache:
Englisch
Fachgebiete:
Wirtschaftswissenschaften
URL:
https://doi.org/10.1017/CBO9780511896682
URL:
Volltext
(URL des Erstveröffentlichers)
URL:
Volltext
(lizenzpflichtig)
