Non-Equilibrium Social Science and Policy Introduction and Essays on New and Changing Paradigms in Socio-Economic Thinking
Material type:
ArticleSeries: Publication details: Springer Nature Springer International Publishing [Imprint] 2017Description: 1 electronic resource (232 p.)Content type: - text
- computer
- online resource
- Reference, Information and Interdisciplinary subjects
- Research and information: general
- Information theory
- Cybernetics and systems theory
- Society and Social Sciences
- Sociology and anthropology
- Sociology
- Social research and statistics
- Economics, Finance, Business and Management
- Economics
- Economic theory and philosophy
- Business and Management
- Operational research
- Applied Dynamical Systems
- Behavioral economics
- Biotechnology
- Complex Systems
- Complex socio-economic systems
- Complexity
- Computational Social Sciences
- Computer applications in the social & behavioural sciences
- Cybernetics & systems theory
- Data-driven Science
- Decision Theory
- Ecological science
- Economic Theory
- Economic theory & philosophy
- Econophysics and Social Dynamics
- Information economy and policy informatics
- Management decision making
- Mathematical Methods
- Methodology of the Social Sciences
- Modeling and Theory Building
- Operational research
- Operations Research
- Operations Research and Decision Theory
- Paradigm shift in economic thinking
- Quantitative Economics
- Quantitative social sciences
- Social dynamics in policy
- Social research & statistics
- the Biosphere
Open Access Unrestricted online access star
The overall aim of this book, an outcome of the European FP7 FET Open NESS project, is to contribute to the ongoing effort to put the quantitative social sciences on a proper footing for the 21st century. A key focus is economics, and its implications on policy making, where the still dominant traditional approach increasingly struggles to capture the economic realities we observe in the world today - with vested interests getting too often in the way of real advances. Insights into behavioral economics and modern computing techniques have made possible both the integration of larger information sets and the exploration of disequilibrium behavior. The domain-based chapters of this work illustrate how economic theory is the only branch of social sciences which still holds to its old paradigm of an equilibrium science - an assumption that has already been relaxed in all related fields of research in the light of recent advances in complex and dynamical systems theory and related data mining. The other chapters give various takes on policy and decision making in this context. Written in nontechnical style throughout, with a mix of tutorial and essay-like contributions, this book will benefit all researchers, scientists, professionals and practitioners interested in learning about the 'thinking in complexity' to understand how socio-economic systems really work.
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