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Rethinking Economic Behaviour

How the Economy Really Works

Language EnglishEnglish
Book Paperback
Book Rethinking Economic Behaviour D. Simpson
Libristo code: 12043282
Publishers Palgrave Macmillan, January 2000
Treating the market economy as a complex adaptive system offers a better explanation of how it works... Full description
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Treating the market economy as a complex adaptive system offers a better explanation of how it works than does the mechanical analogy of neoclassical equilibrium theory. The nonlinear interactions of millions of individual human beings, coupled with the influence of chance, result in the emergence of markets. Other regularities emerge in the patterns of economic growth, business cycles and in the spatial locations of economic activity. Rethinking Economic Behaviour demonstrates the implication of complexity theory for business and government decision-making, and concludes with an assessment of the future evolution of the market economy.

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About the book

Full name Rethinking Economic Behaviour
Author D. Simpson
Language English
Binding Book - Paperback
Date of issue 2000
Number of pages 234
EAN 9781349418213
Libristo code 12043282
Publishers Palgrave Macmillan
Weight 249
Dimensions 127 x 203 x 13

Categories

Economics, Finance, Business & Management > Economics > Macroeconomics > Monetary economics
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