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008 170213s2015 ja | s |||| 0|eng d
020 _a9784431548447
_9978-4-431-54844-7
024 7 _a10.1007/978-4-431-54844-7
_2doi
035 _ato000562049
040 _aSpringer
_cSpringer
_dRU-ToGU
050 4 _aHB1-846.8
072 7 _aKCA
_2bicssc
072 7 _aBUS069030
_2bisacsh
082 0 4 _a330.1
_223
100 1 _aAruka, Yuji.
_eauthor.
_9469485
245 1 0 _aEvolutionary Foundations of Economic Science
_helectronic resource
_bHow Can Scientists Study Evolving Economic Doctrines from the Last Centuries? /
_cby Yuji Aruka.
260 _aTokyo :
_bSpringer Japan :
_bImprint: Springer,
_c2015.
300 _aXVII, 219 p. 102 illus., 24 illus. in color.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 1 _aEvolutionary Economics and Social Complexity Science,
_x2198-4204 ;
_v1
505 0 _a1 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.
520 _aThis 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.
650 0 _aEconomics.
_9135154
650 0 _aManagement science.
_9459954
650 0 _aEconomic history.
_9131834
650 0 _aeconomic theory.
_9304282
650 1 4 _aEconomics.
_9135154
650 2 4 _aEconomic Theory/Quantitative Economics/Mathematical Methods.
_9462061
650 2 4 _aEconomics, general.
_9304498
650 2 4 _aMethodology/History of Economic Thought.
_9462673
710 2 _aSpringerLink (Online service)
_9143950
773 0 _tSpringer eBooks
830 0 _aEvolutionary Economics and Social Complexity Science,
_9469486
856 4 0 _uhttp://dx.doi.org/10.1007/978-4-431-54844-7
912 _aZDB-2-SBE
999 _c416485