From Catastrophe to Chaos: A General Theory of Economic Discontinuities: Mathematics, Microeconomics and Finance

From Catastrophe to Chaos: A General Theory of Economic Discontinuities: Mathematics, Microeconomics and Finance
ISBN-10
0792377702
ISBN-13
9780792377702
Category
Business & Economics
Pages
330
Language
English
Published
2000-06-30
Publisher
Springer Science & Business Media
Author
J. Barkley Rosser

Description

From Catastrophe to Chaos: A General Theory of Economic Discontinuities presents and unusual perspective on economics and economic analysis. Current economic theory largely depends upon assuming that the world is fundamentally continuous. However, an increasing amount of economic research has been done using approaches that allow for discontinuities such as catastrophe theory, chaos theory, synergetics, and fractal geometry. The spread of such approaches across a variety of disciplines of thought has constituted a virtual intellectual revolution in recent years. This book reviews the applications of these approaches in various subdisciplines of economics and draws upon past economic thinkers to develop an integrated view of economics as a whole from the perspective of inherent discontinuity.

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