Handbook of Research on Complexity
Preview

Paperback

Handbook of Research on Complexity

9781848447110 Edward Elgar Publishing
Edited by J. Barkley Rosser Jr., Professor of Economics and Kirby L. Cramer, Jr. Professor of Business Administration, James Madison University, US
Publication Date: 2010 ISBN: 978 1 84844 711 0 Extent: 448 pp
Complexity research draws on complexity in various disciplines. This Handbook provides a comprehensive and current overview of applications of complexity theory in economics. The 15 chapters, written by leading figures in the field, cover such broad topic areas as conceptual issues, microeconomic market dynamics, aggregation and macroeconomics issues, econophysics and financial markets, international economic dynamics, evolutionary and ecological–environmental economics, and broader historical perspectives on economic complexity.

Copyright & permissions

Recommend to librarian

Your Details

Privacy Policy

Librarian Details

Download leaflet

Print page

More Information
Critical Acclaim
Contributors
Contents
More Information
Complexity research draws on complexity in various disciplines. This Handbook provides a comprehensive and current overview of applications of complexity theory in economics. The 15 chapters, written by leading figures in the field, cover such broad topic areas as conceptual issues, microeconomic market dynamics, aggregation and macroeconomics issues, econophysics and financial markets, international economic dynamics, evolutionary and ecological–environmental economics, and broader historical perspectives on economic complexity.

This Handbook presents perspectives at a broad and high level of current cutting edge research in complexity, and will be of great interest to academics concerned with all aspects of economics and in particular economic theory, macroeconomics and evolutionary economics.
Critical Acclaim
‘This volume is a solid introduction to the topics of economic complexity for both the general economist and provides new results that will interest the economists already well versed in the field of economic complexity.’
– Troy Tassier, Eastern Economic Journal

‘Complexity theory, complexity science, a general theory of complex systems: these subjects are the height of fashion and for good reason and so a book with this title is very welcome. . . a valuable book, particularly because the chapter-by-chapter bibliographies are a major resource. . . the strength of the book lies in its historical reviews and the bibliographies that support them. . . it will be an important reference book and will contribute to the larger complexity project yet to be undertaken.’
– Alan Wilson, Environment and Planning B
Contributors
Contributors: P. Allen, W.B. Arthur, K.E. Bassler, H.-P. Brunner, D. Colander, R. Cressman, R.H. Day, H. Gintis, G.H. Gunaratne, C.H. Hommes, A. Kirman, M. Kopel, R. Koppl, T. Lux, J.L. McCauley, J.B. Rosser, Jr., T. Ruijgrok, K.V. Velupillai, F.H. Westerhoff
Contents
Contents:

PART I: CONCEPTUAL OVERVIEWS
1. Introduction
J. Barkley Rosser, Jr.

2. Complexity and the Economy
W. Brian Arthur

3. Computational and Dynamic Complexity in Economics
J. Barkley Rosser, Jr.

4. A Computable Economist’s Perspective on Computational Complexity
K. Vela Velupillai

PART II: MARKET DYNAMICS
5. Bounded Rationality and Learning in Complex Markets
Cars H. Hommes

6. Oligopoly Dynamics
Michael Kopel

PART III: MACROECONOMIC ISSUES
7. Complexity and Aggregation
Alan Kirman

8. On Simplicity and Macroeconomic Complexity
Richard H. Day

PART IV: ECONOPHYSICS AND FINANCIAL MARKETS
9. Applications of Statistical Physics in Finance and Economics
Thomas Lux

10. On the Analysis of Time Series with Nonstationary Increments
Joseph L. McCauley, Kevin E. Bassler and Gemunu H. Gunaratne

PART V: INTERNATIONAL ECONOMICS
11. Exchange Rate Dynamics: A Nonlinear Survey
Frank H. Westerhoff

12. Complex Systems Modeling and International Development
Hans-Peter Brunner and Peter Allen

PART VI: EVOLUTIONARY AND ECOLOGICAL-ENVIRONMENTAL ECONOMICS
13. Subgame Perfection in Evolutionary Dynamics with Recurrent Perturbations
Herbert Gintis, Ross Cressman and Thijs Ruijgrok

14. Complex Dynamics in Ecological-Economic Systems
J. Barkley Rosser, Jr.

PART VII: BROADER HISTORICAL PERSPECTIVES
15. Complexity and Austrian Economics
Roger Koppl

16. Complexity and the History of Economic Thought
David Colander

Index

Latest publications

My Cart