{"product_id":"nonlinearity-complexity-and-randomness-in-economics-towards-algorithmic-foundations-for-economics-9781444350319","title":"Nonlinearity, Complexity And Randomness In Economics: Towards Algorithmic Foundations for Economics","description":"\u003cp\u003e • Author(s): Stefano Zambelli | Donald A.R. George\u003cbr\u003e • Publisher: Wiley\u003cbr\u003e • Publisher Imprint: Wiley-Blac\u003cbr\u003e • Subject: Economics\u003cbr\u003e • BISAC: Economics - General\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eFrom the Back Cover\u003c\/b\u003e\u003cbr\u003eThe \"great crash of 2008\" and its associated banking crisis have revealed the limitations of mainstream economics. While exposing the increasing irrelevance of the field, they have forced a number of economists to re-examine their discipline. The financial meltdown also showed how traditional linear or linearised models with well-behaved additive stochastic disturbances, based on orthodox \"microeconomic foundations\", are not adequate to deal with the complexities of today's world. \u003ci\u003eNonlinearity, Complexity and Randomness in Economics\u003c\/i\u003e presents a variety of cutting edge papers by leading economists, scientists, and philosophers. Topics explored include nonlinear macroeconomic modelling, agent-based modelling, information-theoretic modelling of financial markets, bounded rationality, and emergent complexity. Utilizing an interdisciplinary approach, \u003ci\u003eNonlinearity, Complexity and Randomness in Economics\u003c\/i\u003e reveals how true intellectual rigour in economics requires a basis in algorithmic, computable mathematical foundations.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Paperback","offer_id":45091669377175,"sku":"9781444350319","price":2320.0,"currency_code":"INR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781444350319.webp?v=1769204852","url":"https:\/\/atlanticbooks.com\/products\/nonlinearity-complexity-and-randomness-in-economics-towards-algorithmic-foundations-for-economics-9781444350319","provider":"Atlantic Books","version":"1.0","type":"link"}