This is a collection of articles by the author on the application of cellular automata and complexity theory to economic problems. He analyzes economic systems as interactions of highly complex components and uses the theories of generative linguistics and cellular automata to establish that the complexity level of economic systems is, in principle, that of a Turing machine or general-purpose computer.
By:
Peter S. Albin
Edited by:
Duncan K. Foley
Imprint: Princeton University Press
Country of Publication: United States
Volume: 4
Dimensions:
Height: 235mm,
Width: 152mm,
Spine: 24mm
Weight: 567g
ISBN: 9780691026763
ISBN 10: 0691026769
Series: Princeton Studies in Complexity
Pages: 296
Publication Date: 06 July 1998
Audience:
Professional and scholarly
,
College/higher education
,
Undergraduate
,
Primary
Format: Hardback
Publisher's Status: Active
"PrefaceAcknowledgments1Introduction32The Metalogic of Economic Predictions, Calculations, and Propositions733Microeconomic Foundations of Cyclical Irregularities or ""Chaos""1054Qualitative Effects of Monetary Policy in ""Rich"" Dynamic Systems1375Decentralized, Dispersed Exchange without an Auctioneer: A Simulation Study1576Approximations of Cooperative Equilibria in Multiperson Prisoners' Dilemma Played by Cellular Automata1817The Complexity of Social Groups and Social Systems Described by Graph Structures210Works Cited243Index251"
Peter S. Albin, Professor Emeritus of Economics at the City University of New York, is author of The Analysis of Complex Socio-Economic Systems and Progress without Poverty. Duncan K. Foley is Professor of Economics at Barnard College of Columbia University. His books include Understanding Capital and Money, Accumulation and Crisis.