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In this book, the author examines industrial dynamics from an evolutionary perspective, applying a biological model to the analysis of economic problems.
The Elgar Companion to Neo-Schumpeterian Economics is a cutting-edge collection of specially commissioned contributions highlighting not only the broad scope but also the common ground between all branches of this prolific and fast developing field of economics. For 25 years economists have been investigating industrial dynamics under the heading of neo-Schumpeterian economics, which has itself become a mature and widely acknowledged discipline in the fields of innovation, knowledge, growth and development economics. The Elgar Companion to Neo-Schumpeterian Economics surveys the achievements of the most visible scholars in this area. The contributions to the Companion give both a brief surve...
This book brings together emerging and established scholars to explore the insights that can be gleaned from applying Austrian economics to a range of different topics and a variety of related disciplines, from history to politics to public policy.
The theory of interventionism of the Austrian School of Economics explains the successes and failures of the transformation processes in Central and Eastern European countries and offers a deep insight into contemporary economic phenomena. Three decades have passed since the collapse of communism that precipitated the economic transformation of these countries. This book describes the Austrian view of socialism and in such a context explains the transformational success of the countries of Central and Eastern Europe. Moreover, it shows that the theory of interventionism has not lost its relevance, and the theory itself—along with its modifications—may be used to explain current economic ...
Considerable progress has been made in understanding the underlying mechanisms driving the long-wave behaviour of the world socioeconomic development. A controversial mechanism discussed is the close relationship between K-waves and the outbreak of majors wars.
"This book provides applications of nature inspired computing for economic theory and practice, finance and stock-market, manufacturing systems, marketing, e-commerce, e-auctions, multi-agent systems and bottom-up simulations for social sciences and operations management"--Provided by publisher.
Computational Techniques for Modelling Learning in Economics offers a critical overview of the computational techniques that are frequently used for modelling learning in economics. It is a collection of papers, each of which focuses on a different way of modelling learning, including the techniques of evolutionary algorithms, genetic programming, neural networks, classifier systems, local interaction models, least squares learning, Bayesian learning, boundedly rational models and cognitive learning models. Each paper describes the technique it uses, gives an example of its applications, and discusses the advantages and disadvantages of the technique. Hence, the book offers some guidance in ...
Presenting a wide range of topics and written 150 years since Carl Menger’s Principles of Economics was published, this timely book reviews Menger’s life and theories and explains how his insights on the creation of money are still inspiring and relevant today. Highlighting state-of-the-art results on Menger’s methodology and economic theory, the book expertly analyses key topics such as the debt theory of money, capital wealth and the gender wage gap.
Nine essays critically evaluate Murakami's sanguine vision for the future which is sustained by "polymorphic liberalism," a new type of liberalism that reflects the needs of both developed and developing economies and the realities of the diversity of cultures.
This fifth issue of the Yearbook ‘Kondratieff Waves’ has the subtitle ‘Historical and Theoretical Aspects’, as its papers cover some interesting aspects of long-wave dynamics both in historical trends and in theoretical researches. The Yearbook consists of three sections. The first section (Theoretical Aspects) includes two articles devoted to the correlation between the long waves and much longer cycles, i.e. the Industrial and the Cybernetic revolutions. The second section (Historical Aspects) presents three contributions which consider the history of the USA, technological activity since the Middle Ages and some little-known aspects of the history of long-wave dynamics research. The final section (Reviews, Notes, and Reflections) includes two reviews. This issue will be useful for economists, social scientists, as well as for a wide range of those interested in the problems of the past, present, and future of global economy and globalization.