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

From Catastrophe to Chaos: A General Theory of Economic Discontinuities: Volume I: Mathematics, Microeconomics, Macroeconomics, and Finance
ISBN-10
9401716137
ISBN-13
9789401716130
Category
Business & Economics
Pages
310
Language
English
Published
2013-03-14
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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