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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 relateddata 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.

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Detail Information

Series Title

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Call Number

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Publisher

Cham : Springer Cham., 2017

Collation

VIII, 232

Language

English

ISBN/ISSN

9783319424248

Classification

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Content Type

text

Media Type

computer

Carrier Type

online resource

Edition

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Subject(s)

Data-driven Science

Specific Detail Info

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Statement of Responsibility

Jeffrey Johnson, Andrzej Nowak, Paul Ormerod, Bridget Rosewell, Yi-Cheng Zhang

Other Information

Cataloger

Kholif Basri

Source

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Validator

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Digital Object Identifier (DOI)

https://doi.org/10.1007/978-3-319-42424-8

Journal Volume

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Journal Issue

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Subtitle

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