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Complexity, Competition, and Growth
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Complexity, Competition, and Growth - new book

ISBN: 9783847332831

Adam Smith believed that the rise in labor productivity experienced by rich countries is a result of specialization, trade, and the division of labor. While economists still believe that,… More...

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Complexity, Competition, and Growth: Key Ideas from Adam Smith, Modeled Using Agent-Based Simulation - Smith, Nathanael
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Smith, Nathanael:

Complexity, Competition, and Growth: Key Ideas from Adam Smith, Modeled Using Agent-Based Simulation - Paperback

2012, ISBN: 9783847332831

LAP LAMBERT Academic Publishing, Taschenbuch, 360 Seiten, Publiziert: 2012-01-24T00:00:01Z, Produktgruppe: Buch, 1.17 kg, Recht, Kategorien, Bücher, Management, Business & Karriere, Wirts… More...

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Complexity Competition and Growth - Nathanael Smith
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Nathanael Smith:
Complexity Competition and Growth - Paperback

ISBN: 384733283X

Complexity Competition and Growth ab 78.99 € als Taschenbuch: Key Ideas from Adam Smith Modeled Using Agent-Based Simulation. Aus dem Bereich: Bücher, Wissenschaft, Wirtschaftswissenschaf… More...

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Complexity Competition and Growth - Nathanael Smith
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Nathanael Smith:
Complexity Competition and Growth - Paperback

ISBN: 384733283X

Complexity Competition and Growth ab 78.99 € als Taschenbuch: Key Ideas from Adam Smith Modeled Using Agent-Based Simulation. Aus dem Bereich: Bücher, Wissenschaft, Wirtschaftswissenschaf… More...

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Complexity, Competition, and Growth Key Ideas from Adam Smith, Modeled Using Agent-Based Simulation - Smith, Nathanael
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Smith, Nathanael:
Complexity, Competition, and Growth Key Ideas from Adam Smith, Modeled Using Agent-Based Simulation - new book

2012, ISBN: 384733283X

Kartoniert / Broschiert, mit Schutzumschlag 11, [PU:LAP LAMBERT Academic Publishing]

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Complexity, Competition, and Growth: Key Ideas from Adam Smith, Modeled Using Agent-Based Simulation
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ISBN:

9783847332831


Adam Smith believed that the rise in labor productivity experienced by rich countries is a result of specialization, trade, and the division of labor. While economists still believe that, Smith's insight has been largely purged from economic theory, due to the rise of mathematical models that rely on Walrasian equilibrium to predict how markets will work, and that must therefore assume constant returns to scale. Using agent-based simulation, Nathan Smith presents new ways of theorizing about markets, which are consistent with realistic economies of scale and gains from specialization. Using these new theoretical tools, Nathan Smith is able to provide more satisfactory explanations of how capital fuels economic growth, what drives the introduction of new technologies, why countries benefit from globalization, and why there are cities. Space does not permit the exploration of all the ramifications of these conclusions, but sophisticated readers will see how they extend to much of the subject matter of economics and convey crucial insights about the modern world.

Details of the book - Complexity, Competition, and Growth: Key Ideas from Adam Smith, Modeled Using Agent-Based Simulation


EAN (ISBN-13): 9783847332831
ISBN (ISBN-10): 384733283X
Hardcover
Paperback
Publishing year: 2012
Publisher: LAP LAMBERT Academic Publishing

Book in our database since 2009-05-03T03:13:40+01:00 (London)
Detail page last modified on 2023-10-28T15:32:00+01:00 (London)
ISBN/EAN: 9783847332831

ISBN - alternate spelling:
3-8473-3283-X, 978-3-8473-3283-1
Alternate spelling and related search-keywords:
Book author: smith
Book title: agent

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