Book
Chaos, Complexity, and Nonlinear Economic Theory
ISBN : 9789811267413
Author : Wei-Bin Zhang
Publisher : World Scientific
Year : 2023
Language : English
Type : Book
Description : 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 mechanisms such
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