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Chaos, Complexity, and Nonlinear Economic Theory (English, Wei-Bin Zhang)
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Book Details
| ISBN-13 | 9789811267413 |
| ISBN-10 | 9811267413 |
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About the Book
What do economic chaos and uncertainties mean in rational or irrational economic theories? How do simple deterministic interactions among a few variables lead to unpredictable complex phenomena? Why is complexity of economies causing so many conflicts and confusions worldwide?This book provides a comprehensive introduction to recent developments of complexity theory in economics. It presents different models based on well-accepted economic mechan…
ISBN: 9789811267413
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