The Microeconomics of Complex Economies : Evolutionary, Institutional, Neoclassical, and Complexity Perspectives
Book Details
Format
Hardback or Cased Book
ISBN-10
0124115853
ISBN-13
9780124115859
Publisher
Elsevier Science Publishing Co Inc
Imprint
Academic Press Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Apr 25th, 2014
Print length
600 Pages
Weight
1,378 grams
Dimensions
24.20 x 19.70 x 3.00 cms
Product Classification:
Microeconomics
Ksh 13,950.00
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Presents an introduction to the Microeconomics of Complexity that uses game theory, modeling approaches, formal techniques, and computer simulations to teach useful, accessible approaches to real modern economies. This book describes the usefulness of complex heterodox economics.
The Microeconomics of Complex Economies uses game theory, modeling approaches, formal techniques, and computer simulations to teach useful, accessible approaches to real modern economies. It covers topics of information and innovation, including national and regional systems of innovation; clustered and networked firms; and open-source/open-innovation production and use. Its final chapter on policy perspectives and decisions confirms the value of the toolset. Written so chapters can be used independently, the book includes an introduction to computer simulation and pedagogical supplements. Its formal, accessible treatment of complexity goes beyond the scopes of neoclassical and mainstream economics. The highly interdependent economy of the 21st century demands a reconsideration of economic theories.
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