Hidden Collective Factors in Speculative Trading

Hidden Collective Factors in Speculative Trading

Author: Bertrand M. Roehner

Publisher: Springer Science & Business Media

Published: 2009-08-28

Total Pages: 330

ISBN-13: 3642030483

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For the present edition four chapters have been added which form the fourth 1 part at the end of the book . Entitled The triumph of neoliberalism , the new partexplains how theimplementation worldwide oftheneoliberal agenda paved the way for the present crisis. As a matter of fact, the evidence provided in chapter 9 suggests that the present crisis already began to build up in the mid-1970s. It is around 1975 that (real) US wages reached a peak-level they would never regain in f- lowing decades. It was also around 1975 that the number of strikes began to fall sharply. The mid-1970s also marked the beginning of a huge in ow of immigrants (in large part of Hispanic origin) into the United States. The in ated supply of labor depressed wages and this had the consequence that consumption could be increased only by an unprecedented development of credit. Perhaps the reader may think that to blame the prevailing economic system for the unfolding depression is a fairly common and all too easy temptation.


Essentials of Econophysics Modelling

Essentials of Econophysics Modelling

Author: Frantisek Slanina

Publisher: Oxford University Press, USA

Published: 2014

Total Pages: 427

ISBN-13: 0199299684

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This book is a course in methods and models rooted in physics and used in modelling economic and social phenomena. It covers the discipline of econophysics, which creates an interface between physics and economics. Besides the main theme, it touches on the theory of complex networks and simulations of social phenomena in general. After a brief historical introduction, the book starts with a list of basic empirical data and proceeds to thorough investigation of mathematical and computer models. Many of the models are based on hypotheses of the behaviour of simplified agents. These comprise strategic thinking, imitation, herding, and the gem of econophysics, the so-called minority game. At the same time, many other models view the economic processes as interactions of inanimate particles. Here, the methods of physics are especially useful. Examples of systems modelled in such a way include books of stock-market orders, and redistribution of wealth among individuals. Network effects are investigated in the interaction of economic agents. The book also describes how to model phenomena like cooperation and emergence of consensus. The book will be of benefit to graduate students and researchers in both Physics and Economics.


Driving Forces in Physical, Biological and Socio-economic Phenomena

Driving Forces in Physical, Biological and Socio-economic Phenomena

Author: Bertrand M. Roehner

Publisher: Cambridge University Press

Published: 2007-05-31

Total Pages: 243

ISBN-13: 1139464116

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This book was first published in 2007. In recent years network science has become a dynamic and promising discipline; here it is extended to explore social and historical phenomena. While we experience social interactions every day, there is little quantitative knowledge on them. Instead we are often tempted to resort to fanciful explanations to explain social trends. Exogenous and endogenous interactions are often the key to understanding social phenomena and unravelling historical mysteries. This book begins by explaining how it is possible to bridge the gap between physics and sociology by exploring how network theory can apply to both. It then examines the macro- and micro-interactions in societies. The chapters are largely self-contained, allowing readers easily to access and understand the sections of most interest. This multi-disciplinary book will be fascinating to all physicists who have an interest in the human sciences and it will provide an alternative perspective to graduate students and researchers in sociology and econophysics.


Complex Systems in Finance and Econometrics

Complex Systems in Finance and Econometrics

Author: Robert A. Meyers

Publisher: Springer Science & Business Media

Published: 2010-11-03

Total Pages: 919

ISBN-13: 1441977007

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Finance, Econometrics and System Dynamics presents an overview of the concepts and tools for analyzing complex systems in a wide range of fields. The text integrates complexity with deterministic equations and concepts from real world examples, and appeals to a broad audience.


Cambridge Economics in the Post-Keynesian Era

Cambridge Economics in the Post-Keynesian Era

Author: Ashwani Saith

Publisher: Springer Nature

Published: 2022-11-11

Total Pages: 1218

ISBN-13: 303093019X

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This book chronicles the rise and especially the demise of diverse revolutionary heterodox traditions in Cambridge theoretical and applied economics, investigating both the impact of internal pressures within the faculty as also the power of external ideological and political forces unleashed by the global dominance of neoliberalism. Using fresh archival materials, personal interviews and recollections, this meticulously researched narrative constructs the untold story of the eclipse of these heterodox and post-Keynesian intellectual traditions rooted and nurtured in Cambridge since the 1920s, and the rise to power of orthodox, mainstream economics. Also expunged in this neoclassical counter-revolution were the structural and radical policy-oriented macro-economic modelling teams of the iconic Department of Applied Economics, along with the atrophy of sociology, development and economic history from teaching and research in the self-purifying faculty. This book will be of particular interest to researchers in the history of economic thought, sociology of knowledge, political economy, especially those engaged in heterodox and post-Keynesian economics, and to everyone wishing to make economics fit for purpose again for negotiating the multiple economic, social and environmental crises rampant at national and global levels.


Concepts and Methodologies for Modeling and Simulation

Concepts and Methodologies for Modeling and Simulation

Author: Levent Yilmaz

Publisher: Springer

Published: 2015-04-08

Total Pages: 359

ISBN-13: 3319150960

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This comprehensive text presents cutting-edge advances in the theory and methodology of modeling and simulation (M&S) and reveals how this work has been influenced by the fundamental contributions of Prof. Tuncer Ören to this field. Exploring the synergies among the domains of M&S and systems engineering (SE), the book describes how M&S and SE can help to address the complex problems identified as “Grand Challenges” more effectively under a model-driven and simulation-directed systems engineering framework. Features: examines frameworks for the development of advanced simulation methodologies; presents a focus on advanced modeling methodologies; reviews the reliability and quality assurance of models; discusses the specification and simulation of human and social behavior, including models of personality, emotions, conflict management, perception and anticipation; provides a survey of the body of knowledge in M&S; highlights the foundations established by the pioneering work of Prof. Tuncer Ören.


Evolution of Communication and Language in Embodied Agents

Evolution of Communication and Language in Embodied Agents

Author: Stefano Nolfi

Publisher: Springer Science & Business Media

Published: 2009-11-28

Total Pages: 308

ISBN-13: 3642012507

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This field of research examines how embodied and situated agents, such as robots, evolve language and thus communicate with each other. This book is a comprehensive survey of the research in this emerging field. The contributions explain the theoretical and methodological foundations of the field, and then illustrate the scientific and technological potentials and promising research directions. The book also provides descriptions of research experiments and related open software and hardware tools, allowing the reader to gain a practical knowledge of the topic. The book will be of interest to scientists and undergraduate and graduate students in the areas of cognition, artificial life, artificial intelligence and linguistics.


The Glorification of Plunder

The Glorification of Plunder

Author: Malcolm James

Publisher: Spiramus Press Ltd

Published: 2017-09-04

Total Pages: 228

ISBN-13: 1910151440

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This book is about two things: tax and power. The processes through which tax law is formulated, involve more than the formal legislative and judicial processes which result in statute and case law. Tax law is an expression of tax policy, which is subjective and a heterogeneous product of states, cultures and politics. Regarding taxation as a branch of either black letter law or orthodox economics ignore, or even deny, this subjectivity. This book explores the complex dynamics of the debates which inform tax policy, the interaction between tax and power and how power relations between various groups in society and between individuals and the state are manifested through tax system. This helps to explain why the rules, procedures and practices are all formulated to suit their interests of the most powerful groups in society. Taxation is a powerful lens through which to analyse relationships between individuals and the state, since history has shown that there is a longstanding power relationship between rulers and subjects, which is articulated through tax regimes. Tax can therefore be seen as a technology which mediates such tensions and relationships and the way that choices are made and conflicts are resolved can give valuable insights into societal power relationships.


Unitary Developmental Theory and Organization Development, Volume 2

Unitary Developmental Theory and Organization Development, Volume 2

Author: Myles Sweeney

Publisher: Taylor & Francis

Published: 2022-11-30

Total Pages: 243

ISBN-13: 1000790002

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This book introduces Unitary Developmental Theory (UDT) to the field of organization development. The second of two volumes, it introduces the UDT model and examines its application to organization development and change management. The book presents UDT comprising seven developmental levels, showing how using its methodical progression can help to avoid issues such as unsustainable growth and change failure while examining how the model improves collaboration, digital transformation, change management and team development. It shows how the model clinically transforms concepts such as culture which is often cited as the cause of failure for change, re-defining it as habituated maturation stage and simplifying culture change accordingly. This book is designed to accompany Volume 1 which details the psychology of the model and its equal applicability to mental-health recovery. Showing how UDT can be used as an overarching model to optimize organization development, this book will be of great interest to researchers, scholars and postgraduate students from the fields of organizational psychology, organization development and change management.