Barriers and Bounds to Rationality: Essays on Economic Complexity and Dynamics in Interactive Systems
(Hardback)
Publishing Details
Barriers and Bounds to Rationality: Essays on Economic Complexity and Dynamics in Interactive Systems
By (Author) Peter S. Albin
Edited by Duncan K. Foley
Princeton University Press
Princeton University Press
6th July 1998
United States
Classifications
Professional and Scholarly
Non Fiction
330.01
Physical Properties
Hardback
296
Width 152mm, Height 235mm
567g
Description
This is a collection of articles by the author on the application of cellular automata and complexity theory to economic problems. He analyzes economic systems as interactions of highly complex components and uses the theories of generative linguistics and cellular automata to establish that the complexity level of economic systems is, in principle, that of a Turing machine or general-purpose computer.
Author Bio
Peter S. Albin, Professor Emeritus of Economics at the City University of New York, is author of The Analysis of Complex Socio-Economic Systems and Progress without Poverty. Duncan K. Foley is Professor of Economics at Barnard College of Columbia University. His books include Understanding Capital and Money, Accumulation and Crisis.
