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Rethinking Economic Behaviour

How the Economy Really Works

Language EnglishEnglish
Book Hardback
Book Rethinking Economic Behaviour David Simpson
Libristo code: 04599485
Publishers PALGRAVE MACMILLAN, September 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, results in the emergence of markets. Other regularities emerge in the patterns of economic growth, business cycles and in the spatial locations of economic activity. This work 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 David Simpson
Language English
Binding Book - Hardback
Date of issue 2000
Number of pages 234
EAN 9780333779262
ISBN 0333779266
Libristo code 04599485
Publishers PALGRAVE MACMILLAN
Weight 498
Dimensions 127 x 203 x 16
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