1.

Record Nr.

UNINA9910824076503321

Autore

Purica Ionut

Titolo

Nonlinear models for economic decision processes / / Ionut Purica

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

Edizione

[1st ed.]

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