rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Evolutionary Foundations of Economic Science
    sub title: How Can Scientists Study Evolving Economic Doctrines from the Last Centuries?
  name:
    name part: Aruka, Yuji.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: ja
    date issued: 2015
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XVII, 219 p. 102 illus., 24 illus. in color. online resource.
  abstract: This book aims to explain briefly the essential features of the founding theories of economics, and compare them with later theories developed to address inconsistencies in outcomes. The earlier stages of this book are focused on the economic ideas and theories developed mainly between the 1930s and 1950s, because their emergence bred what were effectively new branches of economics. Over time, these economic theories have been gradually updated, but this updating has not necessarily addressed their theoretical difficulties. Roughly speaking, the updates converged towards behavioral science without eliminating the essential problems behind the theories. The idea of bounded rationality was a typical concern of these revisions. With universal rationality, then the core of the theory remained. The ideas of systems science were therefore increasingly less associated with this revisionist economic theory. However, even as these updates were being proposed, the world was dramatically changing. To use my favorite phrase, a car is no longer a car, but an adaptive cruising system, an air fighter is no longer an air fighter in the sense that stability is no longer part of its structural design. The control of modern vehicles is becoming further removed from human input. This also applies to the market. The revisionist approach therefore does not fully describe the essential transformations emerging in the world.
  table of contents: 1 Historical reviews around evolving ideas of the Invisible Hand -- 2 The historic design of the Demand Law and its reconstruction -- 3 Network analysis of production and its renewal -- 4 Matching mechanism differences between classical and financial markets -- 5 The evolution of the market and its growing complexity -- 6 The complexities generated by the movement of the market economy.
  note: by Yuji Aruka.
  subject:
    topic: Economics
  subject:
    topic: Management science
  subject:
    topic: Economic history
  subject:
    topic: Economic theory
  subject:
    topic: Economics
  subject:
    topic: Economic Theory/Quantitative Economics/Mathematical Methods
  subject:
    topic: Economics, general
  subject:
    topic: Methodology/History of Economic Thought
  classification: HB1-846.8
  classification: 330.1
  related item:
    title info:
      title: Springer eBooks
  related item:
    title info:
      title: Evolutionary Economics and Social Complexity Science, 1
  identifier: 9784431548447
  identifier: http://dx.doi.org/10.1007/978-4-431-54844-7
  record info:
    record creation date: 141004
    record change date: 20151204151403.0
    record identifier: 978-4-431-54844-7