Open AccessJournal Article
Computable economics : the Arne Ryde memorial lectures
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In this paper, the authors present a child's guide to computing in the context of games, and discuss the modern theory of induction, adaptive behaviour, and effective playability in arithmetical games.Abstract:
1. Introduction and Outline 2. Computable Economics: Pioneers and Precursors 3. Computable Rationality 4. Adaptive Behaviour 5. The Modern Theory of Induction 6. Learning in a Computable Setting 7. Effective Playability in Arithmetical Games 8. Notes on Computational Complexity 9. Explorations in Computable Economics 10. Concluding Reflections Appendix: A Child's Guide to Computabilityread more
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Journal ArticleDOI
From simplistic to complex systems in economics
TL;DR: The applicability of complex systems theory in economics is evaluated and compared with standard approaches to economic theorising based upon constrained optimisation as mentioned in this paper, and it is argued that much of heterodox thought, particularly in neo-Schumpeterian and neo-Austrian evolutionary economics, can be placed within a complex systems perspective upon the economy.
Posted Content
Response to worrying trends in econophysics
TL;DR: A response to the recent worrying trends in economics critique written by four respected theoretical economists can be found in this paper, where the authors differ with the authors on some of their criticism, and partly with their proposed remedy.
Journal ArticleDOI
Why is Economics not a Complex Systems Science
TL;DR: In this article, it is argued that all parts of the economy are inhabited by complex adaptive systems operating in complicated historical contexts and that this should be acknowledged at the core of economic analysis.
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The next stage: quantum game theory
TL;DR: In this paper, the history, basic ideas and recent development in quantum game theory are discussed and the possible future development of quantum game theories and its impact on information processing and the emerging information society.
Book ChapterDOI
Economics as Distributed Computation
TL;DR: Viewing human society as a large-scale distributed system for the production of individual welfare leads naturally to agent computing, and it is argued that agents are the only way for social scientists to effectively harness exponential growth in computational capabilities.