Overview
- Edited and authored by leading experts in the field
- Introductory style aiming at a very broad readership
- Provides an interdisciplinary perspective
Part of the book series: Understanding Complex Systems (UCS)
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About this book
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 relateddata 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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Keywords
- Behavioral economics
- Complex socio-economic systems
- Econophysics and Social Dynamics
- Information economy and policy informatics
- Paradigm shift in economic thinking
- Social dynamics in policy
- Quantitative social sciences
- data-driven science, modeling and theory building
- complexity
- computational social sciences
Table of contents (14 chapters)
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Front Matter
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Back Matter
Reviews
“This book is one of the major outcomes of a European FET open project on Non-Equilibrium Social Science (NESS). … Reading a review about a book should also answer the most important question: ‘should I read this book?’. I would answer this question firmly affirmative. ... contain interesting new insights for most people as you get glimpses from perspectives of all disciplines. … I will recommend some of my colleagues and PhD students to also read it!” (Frank Dignum, JASSS, jasss.soc.surrey.ac.uk, Vol. 21 (1), 2018)
Editors and Affiliations
Bibliographic Information
Book Title: Non-Equilibrium Social Science and Policy
Book Subtitle: Introduction and Essays on New and Changing Paradigms in Socio-Economic Thinking
Editors: Jeffrey Johnson, Andrzej Nowak, Paul Ormerod, Bridget Rosewell, Yi-Cheng Zhang
Series Title: Understanding Complex Systems
DOI: https://doi.org/10.1007/978-3-319-42424-8
Publisher: Springer Cham
eBook Packages: Physics and Astronomy, Physics and Astronomy (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017
Hardcover ISBN: 978-3-319-42422-4Published: 30 January 2017
Softcover ISBN: 978-3-319-82577-9Published: 12 July 2018
eBook ISBN: 978-3-319-42424-8Published: 20 January 2017
Series ISSN: 1860-0832
Series E-ISSN: 1860-0840
Edition Number: 1
Number of Pages: VIII, 232
Topics: Data-driven Science, Modeling and Theory Building, Methodology of the Social Sciences, Economic Theory/Quantitative Economics/Mathematical Methods, Operations Research/Decision Theory, Complexity, Computational Social Sciences