Non-Equilibrium Social Science and Policy

Introduction and Essays on New and Changing Paradigms in Socio-Economic Thinking

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Non-Equilibrium Social Science and Policy
Jeffrey Johnson
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October 5, 2021 | History

Non-Equilibrium Social Science and Policy

Introduction and Essays on New and Changing Paradigms in Socio-Economic Thinking

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The overall aim of this book, an outcome of the European FP7 FET Open NESS project, is to contribute to the ongoing effort to put the quantitative social sciences on a proper footing for the 21st century. A key focus is economics, and its implications on policy making, where the still dominant traditional approach increasingly struggles to capture the economic realities we observe in the world today - with vested interests getting too often in the way of real advances. Insights into behavioral economics and modern computing techniques have made possible both the integration of larger information sets and the exploration of disequilibrium behavior. The domain-based chapters of this work illustrate how economic theory is the only branch of social sciences which still holds to its old paradigm of an equilibrium science - an assumption that has already been relaxed in all related fields of research in the light of recent advances in complex and dynamical systems theory and related data mining. The other chapters give various takes on policy and decision making in this context. Written in nontechnical style throughout, with a mix of tutorial and essay-like contributions, this book will benefit all researchers, scientists, professionals and practitioners interested in learning about the 'thinking in complexity' to understand how socio-economic systems really work.

Publish Date
Publisher
Springer Nature
Pages
232

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Book Details


Edition Notes

Open Access Unrestricted online access

Creative Commons by/4.0/

English

Classifications

Library of Congress
QC1-75

The Physical Object

Pagination
1 electronic resource (232 p.)
Number of pages
232

ID Numbers

Open Library
OL31375340M
ISBN 13
9783319424248

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October 5, 2021 Edited by ImportBot import existing book
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