Nonlinear models for economic decision processes [[electronic resource] /] / Ionut Purica

• Record Nr.: UNINA9910780888803321
• Autore: Purica Ionut
• Pubbl/distr/stampa: London, : Imperial College Press; Singapore ; ; Hackensack, NJ, : distributed by World Scientific, c2010
• ISBN: 1-282-75997-3; 9786612759970; 1-84816-428-9
• Descrizione fisica: 1 online resource (176 p.)
• Disciplina: 330.01/51954; 330.015118; 330.0151954
• Soggetti: Economics - Decision making - Mathematical models
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references (p. 159-165) and index.
• Nota di contenuto: Contents; 1. Introduction: Reasons for Writing this Book, a Decision Theory Approach; 2. Nonlinear Models for the Labour Market; 3. Second Order Effects in Population Migration; 4. Cities: Reactors for Economic Transactions; 5. Considerations on the Reform in the Power Sector (Avoiding Chaos in the Path to an Optimal Market Structure); 6. A Model of Non-linear Dynamics in the Implementation of Decisions for the Evolution of Energy Technologies; 7. Non-linear Effects in Knowledge Production; 8. Institutional Structures as Benard-Taylor Processes; 9. Oscillatory Processes in Economic Systems; 10. Final Thoughts on a Different Way of Looking at Economic ProcessesGeneral References; Index
• Sommario/riassunto: Using models, developed in one branch of science, to describe similar behaviors encountered in a different one, is the essence of a synergetic approach. A wide range of topics has been developed including Agent-based models, econophysics, socio-economic networks, information, bounded rationality and learning in economics, markets as complex adaptive systems - evolutionary economics, multi scale analysis and modeling, nonlinear dynamics and econometrics, physics of risk, ; statistical and probabilistic methods in economics and finance. This publication concentrates on process behavior of economic