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Commerce, Complexity, and Evolution

Commerce, Complexity, and Evolution

Hardcover

Series: International Symposia in Economic Theory and Econometrics, Book 12

AccountingEconomics

ISBN10: 0521620309
ISBN13: 9780521620307
Publisher: Cambridge University Press
Published: Jun 5 2000
Pages: 424
Weight: 1.50
Height: 1.19 Width: 6.32 Depth: 9.30
Language: English
Commerce, Complexity, and Evolution is a significant contribution to the new paradigm straddling economics, finance, marketing, and management, which acknowledges that commercial systems are evolutionary systems, and must therefore be analyzed using evolutionary tools. Evolutionary systems display complicated behaviors that are to a significant degree generated endogenously, rather than being solely the product of exogenous shocks, hence the conjunction of complexity with evolution. The papers in this volume consider a wide range of systems, from the entire economy at one extreme to the behavior of single markets at the other.

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