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Complexity Economics
Book • 2020
This book, edited by W. Brian Arthur, Eric D. Beinhocker, and Allison Stanger, presents a comprehensive view of complexity economics.
It includes panel and talk transcripts from the 2019 Applied Complexity Network Symposium, along with newly written introductions and reflections.
The book emphasizes that the economy is not necessarily in equilibrium but is a complex, evolving system where agents constantly change their actions and strategies in response to mutual outcomes.
It highlights the importance of computation, increasing and diminishing returns, and the dynamic interactions between agents, institutions, and technologies.
The volume represents both scholarly and practitioner perspectives, making it accessible to a broad audience.
It includes panel and talk transcripts from the 2019 Applied Complexity Network Symposium, along with newly written introductions and reflections.
The book emphasizes that the economy is not necessarily in equilibrium but is a complex, evolving system where agents constantly change their actions and strategies in response to mutual outcomes.
It highlights the importance of computation, increasing and diminishing returns, and the dynamic interactions between agents, institutions, and technologies.
The volume represents both scholarly and practitioner perspectives, making it accessible to a broad audience.
