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The field of artificial economics (AE) embraces a broad range of methodologies relying on computer simulations in order to model and study the complexity of economic and social phenomena. The overarching principle of AE is the analysis of aggregate properties of artificial economies populated by adaptive agents that are equipped with behavioural rules and specific individual targets. These aggregate properties are neither foreseen nor intended by the artificial agents; conversely they are emerging characteristics of such artificially simulated systems. The book presents a peer-reviewed collection of papers addressing a variety of issues related to macroeconomics, industrial organization, networks, management and finance, as well as purely methodological issues.
The editors of this book examine social movement scholars’ use of contemporary concepts and paradigms in the study of protest as they analyse the extent to which these tools are valid (or not) in very different regional - and thus political or cultural - contexts. The authors posit that ’weakly resourced groups’ are a particularly useful point of departure to evaluate the strengths and weaknesses of three key social movement schools of analysis: resource mobilization, political opportunity structures, and frame analysis. Some of the groups considered in this volume are financially disadvantaged, lacking money and work; others are economically disadvantaged, with members having precario...
Over the last 50 years, the community of heterodox economists has expanded, and its publications have proliferated. But its power in departments of economics has waned. Addressing this paradox, this book argues that heterodox economists are defined more by left ideology than by a shared understanding of the nature of orthodox economics and of what should replace it. Heterodox economists cannot agree on what heterodoxy means. This volume applies work on the social nature and institutions of science to help explain the failure of heterodox economics to gain ground. It assesses some strategic options for its future.
Highlighting the diversity and complexity of the global Basic Income debate, Malcolm Torry assesses the history, current state, and future of research in this important field. Each chapter offers a concise history of a particular subfield of Basic Income research, describes the current state of research in that area, and makes proposals for the research required if the increasingly widespread global debate on Basic Income is to be constructive.
This volume contains fifteen papers by Paul Humphreys, who has made important contributions to the philosophy of computer simulations, emergence, the philosophy of probability, probabilistic causality, and scientific explanation. It includes detailed postscripts to each section and a philosophical introduction. One of the papers is previously unpublished.
Multidimensional Inequalities is a deep dive into the historical contexts and contemporary realities that negatively influence society and its structures. It is often overlooked that inequality is not just about income and wealth but rather a broad spectrum of intersecting factors. This book focuses on each aspect individually, analysing its effect on welfare systems, and informs about the instruments available to reduce inequality.
The philosophy of the social sciences considers the underlying explanatory powers of the social (or human) sciences, such as history, economics, anthropology, politics, and sociology. The type of questions covered includes the methodological (the nature of observations, laws, theories, and explanations) to the ontological — whether or not these sciences can explain human nature in a way consistent with common-sense beliefs. This Handbook is a major, comprehensive look at the key ideas in the field, is guided by several principles. The first is that the philosophy of social science should be closely connected to, and informed by, developments in the sciences themselves. The second is that the volume should appeal to practicing social scientists as well as philosophers, with the contributors being both drawn from both ranks, and speaking to ongoing controversial issues in the field. Finally, the volume promotes connections across the social sciences, with greater internal discussion and interaction across disciplinary boundaries.
The first step-by-step introduction to the methodology of agent-based models in economics, their mathematical and statistical analysis, and real-world applications.
This book constitutes the revised versions of the invited and selected papers from the Second Epistemological Perspectives on Simulation Workshop, EPOS 2006, which was held in Brescia, Italy, during October 5-6, 2006. The 11 papers presented together with 2 invited papers were carefully reviewed and selected from 35 submissions. The topics addressed were epistemological and methodological contents, such as the relevance of empirical foundations for agent-based simulations, the role of theory, the concepts and meaning of emergence, the trade-off between simplification and complexification of models.
With the recent developments in computing technologies and the thriving research scene in Complexity Science, economists and other social scientists have become aware of a more flexible and promising alternative for modelling socioeconomic systems; one that, in contrast with neoclassical economics, advocates for the realism of the assumptions, the importance of context and culture, the heterogeneity of agents (individuals or organizations), and the bounded rationality of individuals who behave and learn in multifaceted ways in uncertain environments. The book synthesizes an extensive body of work in the field of social complexity and constructs a unifying framework that allows developing con...