Complexity Hints for Economic Policy

This volume extends the complexity approach to economics. This complexity approach is not a completely new way of doing economics, and that it is a replacement for existing economics, but rather the integration of some new analytic and computational techniques into economists’ bag of tools. It provi...

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Bibliographic Details
Other Authors: Salzano, Massimo (Editor), Colander, David (Editor)
Format: eBook
Language:English
Published: Milano Springer Milan 2007, 2007
Edition:1st ed. 2007
Series:New Economic Windows
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • General Issues
  • Rationality, learning and complexity: from the Homo economicus to the Homo sapiens
  • The Confused State of Complexity Economics: An Ontological Explanation
  • Modeling Issues I: Modeling Economic Complexity
  • The Complex Problem of Modeling Economic Complexity
  • Visual Recurrence Analysis: Application to Economic Time series
  • Complexity of Out-of-Equilibrium Play in Tax Evasion Game
  • Modeling Issues II: Using Models from Physics to Understand EconomicPhenomena
  • A New Stochastic Framework for Macroeconomics: Some Illustrative Examples
  • Probability of Traffic Violations and Risk of Crime: A Model of Economic Agent Behavior
  • Markov Nets and the NetLab Platform: Application to Continuous Double Auction
  • Synchronization in Coupled and Free Chaotic Systems
  • Agent Based Models
  • Explaining Social and Economic Phenomena by Models with Low or Zero Cognition Agents
  • Information and Cooperation in a Simulated Labor Market: A Computational Model for the Evolution of Workers and Firms
  • Applications
  • Income Inequality, Corruption, and the Non-Observed Economy: A Global Perspective
  • Forecasting Inflation with Forecast Combinations: Using Neural Networks in Policy
  • Policy Issues
  • The Impossibility of an Effective Theory of Policy in a Complex Economy
  • Implications of Scaling Laws for Policy-Makers
  • Robust Control and Monetary Policy Delegation