Economic Evolution, Learning, and Complexity
Contributors: Uwe Cantner (Editor); Horst Hanusch (Editor); Steven Klepper (Editor)
Edition: 1 edition
Publisher: Physica-Verlag Heidelberg; Physica-Verlag HD; Physica-Verlag
Published: June 16, 2000
Language: eng
Format: Hardcover
Number of pages: 312
ISBN-13: 9783790812756
Subjects: Business & Management; Econometrics; Economic theory & philosophy; Economics - General; Economic Theory; Business & Economics; Business / Economics / Finance; Business/Economics; Economics - Theory; Business & Economics / Economics / General; Evolutionary economics
First sentence: As Kenneth Arrow - himself one of the major contributors to rational decision theory - puts it, a system of literally maximizing norm-free agents "... would be the end of organized society as we know it" (Arrow, 1987, p. 233).