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Evolvodynamics - The Mathematical Theory of Economic Evolution A Coherent Way of Interpreting Time, Scarceness, Value and Economic Growth

Dissatisfied with the flaws of orthodox economics, the author proposes to base economic theory on the three principles of Darwinian evolution (variation, inheritance, selection). Pursuing a suggestion of E.T. Jaynes of 1991, the innovation is in treating economic behavior as chance events of selecti...

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Bibliographic Details
Main Author: Wallast, Len H.
Format: eBook
Language:English
Published: Berlin, Heidelberg Springer Berlin Heidelberg 2013, 2013
Edition:1st ed. 2013
Series:Lecture Notes in Economics and Mathematical Systems
Subjects:
Engineering
Data-driven Science, Modeling And Theory Building
Economic Growth
Macroeconomics/monetary Economics//financial Economics
Complexity
Macroeconomics
Economic Theory
Mathematics
Economic Theory/quantitative Economics/mathematical Methods
Game Theory, Economics, Social And Behav. Sciences
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • Darwin- and Shannon-Inspired Dynamic Economic Selection
  • Sets of Entropy, Selection, Venn Diagrams and Bitpulses
  • The Road from Generalized Darwinism to Evolvodynamics
  • Exchange and the Circulation of Entropy
  • The Interpretation of the Economic Variables
  • Money and Liquidity, Time, Work and Effectiveness
  • Calculation
  • Theory and Confirmation
  • Appendices

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