
Discovering Artificial Economics
How Agents Learn And Economies Evolve
David F. Batten(Author)
Routledge (Publisher)
1st Edition
Published on 13. September 2019
Book
Hardback
336 pages
978-0-367-01518-3 (ISBN)
Description
I'Ve live in an astornshingly complex world, Yet what we do in our everyday lives seems simple enough. Most of us conform to society's rules, pursue familiar strategies, and achieve reasonably predictable outcomes. In our role as economic agents, we simply peddle our wares and earn our daily bread as best we can.So where on earth does this astonishing complexity come from? Much of it is ubiquitous in nature, to be sure, but part of it lies within and between us. Part of it comes from those games of interaction that humans play-games against nature, games against each other, games of competition, games of cooperation. In bygone eras, people simply hunted and gathered to come up with dinner. Today you can find theoretical economists scratching mysterious equations on whiteboards (not even blackboards) and getting paid to do this. In the modern economy, most of us make our living in a niche created for us by what others do. Because we've become more dependent on each other, our economy as a whole has become more strongly interactive.
More details
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Dimensions
Height: 229 mm
Width: 152 mm
Weight
780 gr
ISBN-13
978-0-367-01518-3 (9780367015183)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
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05/2021
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Content
List of Illustrations and Tables -- Preface -- Credits -- Acknowledgments -- 1 Chance and Necessity -- 2 On the Road to know-ware -- 3 Sheep, explores, and Phase Transitions -- 4 The Ancient Art of Learning by circulating -- 5 Networks, Boosters, and Self-organized cities -- 6 Traffic near the edge of chaos -- 7 Coevolving Markets -- Notes -- References -- Index.