Modeling Complexity In Economic And Social Systems

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Modeling Complexity In Economic And Social Systems
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Author : Frank Schweitzer
language : en
Publisher: World Scientific
Release Date : 2002
Modeling Complexity In Economic And Social Systems written by Frank Schweitzer and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.
Economics and the social sciences are, in fact, the ?hard? sciences, as Herbert Simon argued, because the complexity of the problems dealt with cannot simply be reduced to analytically solvable models or decomposed into separate subprocesses. Nevertheless, in recent years, the emerging interdisciplinary ?sciences of complexity? have provided new methods and tools for tackling these problems, ranging from complex data analysis to sophisticated computer simulations. In particular, advanced methods developed in the natural sciences have recently also been applied to social and economic problems.The twenty-one chapters of this book reflect this modern development from various modeling perspectives (such as agent-based models, evolutionary game theory, reinforcement learning and neural network techniques, time series analysis, non-equilibrium macroscopic dynamics) and for a broad range of socio-economic applications (market dynamics, technological evolution, spatial dynamics and economic growth, decision processes, and agent societies). They jointly demonstrate a shift of perspective in economics and the social sciences that is allowing a new outlook in this field to emerge.
Modeling Complexity In Economic And Social Systems
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Author : Frank Schweitzer
language : en
Publisher: World Scientific
Release Date : 2002-12-09
Modeling Complexity In Economic And Social Systems written by Frank Schweitzer and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-12-09 with Science categories.
Economics and the social sciences are, in fact, the “hard” sciences, as Herbert Simon argued, because the complexity of the problems dealt with cannot simply be reduced to analytically solvable models or decomposed into separate subprocesses. Nevertheless, in recent years, the emerging interdisciplinary “sciences of complexity” have provided new methods and tools for tackling these problems, ranging from complex data analysis to sophisticated computer simulations. In particular, advanced methods developed in the natural sciences have recently also been applied to social and economic problems.The twenty-one chapters of this book reflect this modern development from various modeling perspectives (such as agent-based models, evolutionary game theory, reinforcement learning and neural network techniques, time series analysis, non-equilibrium macroscopic dynamics) and for a broad range of socio-economic applications (market dynamics, technological evolution, spatial dynamics and economic growth, decision processes, and agent societies). They jointly demonstrate a shift of perspective in economics and the social sciences that is allowing a new outlook in this field to emerge.
Complexity In Economic And Social Systems
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Author : Stanisław Drożdż
language : en
Publisher: MDPI
Release Date : 2021-05-11
Complexity In Economic And Social Systems written by Stanisław Drożdż and has been published by MDPI this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-11 with Business & Economics categories.
There is no term that better describes the essential features of human society than complexity. On various levels, from the decision-making processes of individuals, through to the interactions between individuals leading to the spontaneous formation of groups and social hierarchies, up to the collective, herding processes that reshape whole societies, all these features share the property of irreducibility, i.e., they require a holistic, multi-level approach formed by researchers from different disciplines. This Special Issue aims to collect research studies that, by exploiting the latest advances in physics, economics, complex networks, and data science, make a step towards understanding these economic and social systems. The majority of submissions are devoted to financial market analysis and modeling, including the stock and cryptocurrency markets in the COVID-19 pandemic, systemic risk quantification and control, wealth condensation, the innovation-related performance of companies, and more. Looking more at societies, there are papers that deal with regional development, land speculation, and the-fake news-fighting strategies, the issues which are of central interest in contemporary society. On top of this, one of the contributions proposes a new, improved complexity measure.
Models And Theories In Social Systems
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Author : Cristina Flaut
language : en
Publisher: Springer
Release Date : 2018-10-12
Models And Theories In Social Systems written by Cristina Flaut and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-12 with Computers categories.
This book concisely presents a broad range of models and theories on social systems. Because of the huge spectrum of topics involving social systems, various issues related to Mathematics, Statistics, Teaching, Social Science, and Economics are discussed. In an effort to introduce the subject to a wider audience, this volume, part of the series “Studies in Systems, Decision and Control”, equally addresses the needs of mathematicians, statisticians, sociologists and philosophers. The studies examined here are divided into four parts. The first part, “Perusing the Minds Behind Scientific Discoveries”, traces the winding path of Syamal K. Sen and Ravi P. Agarwal’s scholarship throughout history, and most importantly, the thought processes that allowed each of them to master their subject. The second part covers “Theories in Social Systems” and the third discusses “Models in Social Systems”, while the fourth and final part is dedicated to “Mathematical Methods in the Social Sciences”. Given its breadth of coverage, the book will offer inquisitive readers a valuable point of departure for exploring these rich, vast, and ever-expanding fields of knowledge.
Decoding Complexity
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Author : james glattfelder
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-11-08
Decoding Complexity written by james glattfelder and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-08 with Science categories.
Today it appears that we understand more about the universe than about our interconnected socio-economic world. In order to uncover organizational structures and novel features in these systems, we present the first comprehensive complex systems analysis of real-world ownership networks. This effort lies at the interface between the realms of economics and the emerging field loosely referred to as complexity science. The structure of global economic power is reflected in the network of ownership ties of companies and the analysis of such ownership networks has possible implications for market competition and financial stability. Thus this work presents powerful new tools for the study of economic and corporate networks that are only just beginning to attract the attention of scholars.
Modeling Complex Systems
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Author : Nino Boccara
language : en
Publisher: Springer Science & Business Media
Release Date : 2010-09-09
Modeling Complex Systems written by Nino Boccara and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-09 with Computers categories.
This book illustrates how models of complex systems are built up and provides indispensable mathematical tools for studying their dynamics. This second edition includes more recent research results and many new and improved worked out examples and exercises.
The Complex Dynamics Of Economic Interaction
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Author : Mauro Gallegati
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
The Complex Dynamics Of Economic Interaction written by Mauro Gallegati and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
This volume contains a selection of contributions presented at the WEHIA02 (Workshop on Economies with Heterogeneous Interacting Agents), which was held at the Abdus Salam International Centre for Physics of Trieste, Italy, on May 29- 31, under the auspices of Exystence, Complex System network of excellence . WEHIA02 is the 7th edition of a workshop, which was held for the first time at the University of Ancona, Italy , on 1996 (1), as a one-week series of seminars for the Italian PhD program . Ancona hosted the event in the years 1997 and 1998 (2) , before it moved to Genoa 1999 (3), Marseille 2000 (4) , Maastricht 2001 (5), and finally to Trieste 2002. The 2003 workshop was held in Kid , Germany, while the next editions will be in Kyoto, Japan (2004) and Essex, UK (2005). The full list of participants, titles of the invited lectures, papers and posters of WEHIA can be found in http ://econ . dea. it/wehia2. The workshop has been always very informal aiming to put together sch- ars of different disciplines working on interaction of heterogeneous "so- thing " (economists, physicists, biologists) . To facilitate participation there has not been conference fee . It aimed to be a locus for communicate and exchange results and experiences . Several collaborations started with the Workshop and it is not without pride that the organizers claim such a result. The WEHIA has had two pars: a pars desiruens and a pars adestruens.
Complex Systems Modeling And Simulation In Economics And Finance
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Author : Shu-Heng Chen
language : en
Publisher: Springer
Release Date : 2018-11-20
Complex Systems Modeling And Simulation In Economics And Finance written by Shu-Heng Chen and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-11-20 with Business & Economics categories.
This title brings together frontier research on complex economic systems, heterogeneous interacting agents, bounded rationality, and nonlinear dynamics in economics. The book contains the proceedings of the CEF2015 (21st Computing in Economics in Finance), held 20-22 June 2015 in Taipei, Taiwan, and addresses some of the important driving forces for various emergent properties in economies, when viewed as complex systems. The breakthroughs reported in this book are a result of an interdisciplinary approach and simulation remains the unifying theme for these papers as they deal with a wide range of topics in economics. The text is a valuable addition to the efforts in promoting the complex systems view in economic science. The computational experiments reported in the book are both transparent and replicable. Complex System Modeling and Simulation in Economics and Finance is useful for graduate courses of complex systems, with particular focus on economics and finance. At the same time it serves as a good overview for researchers who are interested in the topic.
Handbook Of Strategic Management Second Edition
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Author : Jack Rabin
language : en
Publisher: CRC Press
Release Date : 2000-05-16
Handbook Of Strategic Management Second Edition written by Jack Rabin and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-05-16 with Business & Economics categories.
Revised and updated for the second edition, the Handbook of Strategic Management provides a set of broad-based bibliographic essays on strategic management. It covers synoptic approaches, complexity theory, organizational capacity, financing strategy, networks, and chaos theory and offers an in-depth look the use of strategic management in the private, public, and nonprofit sectors. The National Institute of Personnel Management called this book "...the most comprehensive single-source treatment of strategic management." New topics discuss the role of strategic management in political decision making, uncertainty, the absence of strategy, productivity, teamwork, leadership, and change.
Models Of Society And Complex Systems
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Author : Sebastian Ille
language : en
Publisher: Taylor & Francis
Release Date : 2022-11-22
Models Of Society And Complex Systems written by Sebastian Ille and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-11-22 with Psychology categories.
Models of Society and Complex Systems introduces readers to a variety of different mathematical tools used for modelling human behaviour and interactions, and the complex social dynamics that drive institutions, conflict, and coordination. What laws govern human affairs? How can we make sense of the complexity of societies and how do individual actions, characteristics, and beliefs interact? Social systems follow regularities which allow us to answer these questions using different mathematical approaches. This book emphasises both theory and application. It systematically introduces mathematical approaches, such as evolutionary and spatial game theory, social network analysis, agent-based modelling, and chaos theory. It provides readers with the necessary theoretical background of each toolset as well as the underlying intuition, while each chapter includes exercises and applications to real-world phenomena. By looking behind the surface of various social occurrences, the reader uncovers the reasons why social systems exhibit both cultural universals and at the same time a diversity of practices and norms to a degree that even surpasses biological variety, or why some riots turn into revolutions while others do not even make it into the news. This book is written for any scholar in the social sciences interested in studying and understanding human behaviour, social dynamics, and the complex systems of society. It does not expect readers to have a particular background apart from some elementary knowledge and affinity for mathematics.