Complexity and the Economy

by W. Brian Arthur

Economics is changing. In the last few years it has generated a number of new approaches. One of the most promising - complexity economics - was pioneered in the 1980s and 1990s by a small team at the Santa Fe Institute. Economist and complexity theorist W. Brian Arthur led that team, and in this book he collects many of his articles on this new approach. The traditional framework sees behavior in the economy as in an equilibrium steady state. People...

• Format: Hardcover
• Language: English
• ISBN: 0199334293
• ISBN13: 9780199334292
• Release Date: October 2014
• Publisher: Oxford University Press
• Length: 240 Pages
• Weight: 1.20 lbs.
• Dimensions: 0.8" x 6.3" x 9.3"