"The Economy as an Evolving System II" will fascinate economists of all types.
W. Brian Arthur is a Citibank Professor at the Santa Fe Institute. From 1983 to 1996 he was Dean and Virginia Morrison Professor of Population Studies and Economics at Stanford University. Arthur has been associated with the Santa Fe Institute since 1987; he directed its first program: the economy as an evolving, complex system. He currently serves on SFI’s science board and its board of trustees and is well known in economics for his work on increasing return and path dependence. Steven N. Durlauf is professor of economics at the University of Wisconsin at Madison and since 1996 co-director of the economics program at the Santa Fe Institute. He received his B.A. in economics from Harvard in 1980 and his Ph.D. in economics from Yale in 1986. He has published widely in the areas of macroeconomics, econometrics, and income inequality. David A. Lane is professor of statistics in the Faculty of Economics at the University of Modena in Italy. He is a member of the external faculty and the science board of the Santa Fe Institute and is a past co-director of the Institute’s economics program. W. Brian Arthur is a Citibank Professor at the Santa Fe Institute. From 1983 to 1996 he was Dean and Virginia Morrison Professor of Population Studies and Economics at Stanford University. Arthur has been associated with the Santa Fe Institute since 1987; he directed its first program: the economy as an evolving, complex system. He currently serves on SFI’s science board and its board of trustees and is well known in economics for his work on increasing return and path dependence. Steven N. Durlauf is professor of economics at the University of Wisconsin at Madison and since 1996 co-director of the economics program at the Santa Fe Institute. He received his B.A. in economics from Harvard in 1980 and his Ph.D. in economics from Yale in 1986. He has published widely in the areas of macroeconomics, econometrics, and income inequality. David A. Lane is professor of statistics in the Faculty of Economics at the University of Modena in Italy. He is a member of the external faculty and the science board of the Santa Fe Institute and is a past co-director of the Institute’s economics program.
Introduction
p. 1
Asset Pricing Under Endogenous Expectations in an Artificial Stock Market
p. 15
Natural Rationality
p. 45
Statistical Mechanics Approaches to Socioeconomic Behavior
p. 81
Is What Is Good for Each Best for All? Learning From Others in the Information Contagion Model
p. 105
Evolution of Trading Structures
p. 129
Foresight, Complexity, and Strategy
p. 169
The Emergence of Simple Ecologies of Skill
p. 199
Some Fundamental Puzzles in Economic History/Development
p. 223
How the Economy Organizes Itself in Space: A Survey of the New Economic Geography
p. 239
Time and Money
p. 263
Promises Promises
p. 285
Macroeconomics and Complexity: Inflation Theory
p. 321
Evolutionary Dynamics in Game-Theoretic Models
p. 337
Identification of Anonymous Endogenous Interactions
p. 369
Asset Price Behavior in Complex Environments
p. 385
Population Games
p. 425
Computational Political Economy
p. 461
The Economy as an Interactive System
p. 491
How Economists Can Get A Life
p. 533
Some Thoughts About Distribution in Economics
p. 565
Index
p. 567
Table of Contents provided by Blackwell. All Rights Reserved.
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