The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of EconomicsRandom House Business, 2006 - 527 sider Beinhocker has written this work in order to introduce a broad audience to what he believes is a revolutionary new paradigm in economics and its implications for our understanding of the creation of wealth. He describes how the growing field of complexity theory allows for evolutionary understanding of wealth creation, in which business designs co-evolve with the evolution of technologies and organizational innovations. In addition to giving his audience a tour of this field of complexity economics, he discusses its implications for real-world issues of business. |
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Side 31
... equilibrium . Equilibrium is achieved when all the forces acting on the system cancel each other out and the system is in bal- ance . In this case , the force of gravity pushing down on the ball is met exactly by the force of the bowl ...
... equilibrium . Equilibrium is achieved when all the forces acting on the system cancel each other out and the system is in bal- ance . In this case , the force of gravity pushing down on the ball is met exactly by the force of the bowl ...
Side 73
... equilibrium means the same thing in economics as it does in physics ? Perhaps the economists mean something completely different by equilibrium and the problem I've pointed out is just a case of confused terminology . If equilibrium ...
... equilibrium means the same thing in economics as it does in physics ? Perhaps the economists mean something completely different by equilibrium and the problem I've pointed out is just a case of confused terminology . If equilibrium ...
Side 92
... equilibrium point ( at the intersection of the supply and demand X in the figure ) . Prices fluctuated in the vicinity of the equilibrium point , and under some conditions , there was even modest convergence toward it over time ...
... equilibrium point ( at the intersection of the supply and demand X in the figure ) . Prices fluctuated in the vicinity of the equilibrium point , and under some conditions , there was even modest convergence toward it over time ...
Innhold
ONE The Question | 3 |
TWO Traditional Economics | 21 |
THREE A Critique | 45 |
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The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of ... Eric D. Beinhocker Begrenset visning - 2006 |
The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of ... Eric D. Beinhocker Ingen forhåndsvisning tilgjengelig - 2007 |
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agents algorithm assumptions behavior biological Business Plans Cambridge capital chapter competitive complex adaptive system Complexity Economics cooperation create culture cycle decisions design space developed discussed dynamic economists energy entropy environment Epstein and Axtell equilibrium evolutionary system evolved example experiments Farmer feedback finance fitness function fitness landscape genes growth hierarchy human ideas imagine individual innovation interactions investment investors Kauffman LEGO Likewise look management team mathematical mental models molecules networks nomic nonlinear norms organizational organizations pattern percent perfect rationality Physical Technology play population predictions Press Prisoner's Dilemma problem punctuated equilibrium replication researchers result role rules Santa Fe Institute schema scientists selection Social Technologies society strategy structure Stuart Kauffman sugar Sugarscape theory things tion trading Traditional Economics units of selection University Walras wealth Yanomamö York