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CHAOS, COMPLEXITY, AND NONLINEAR ECONOMIC THEORY

By Wei-Bin Zhang
eBook
$78.00
By Wei-Bin Zhang
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What do economic chaos and uncertainties mean in rational or irrational economic theories? How do simple deterministic interactions among a few variables lead to unpredictable complex phenomena? Why is complexity of economies causing so many conflicts and confusions worldwide?

This book provides a comprehensive introduction to recent developments of complexity theory in economics. It presents different models based on well-accepted economic mechanisms such as the Solow model, Ramsey model, a...

Categories

Science & TechnologyMathematicsMathematical AnalysisMathematical Analysis - Complex Analysis