This book contributes substantively to the current state-of-the-art of macroeconomics by providing a method for building models in which business cycles and economic growth emerge from the interactions of a large number of heterogeneous agents. Drawing from recent advances in agent-based computational modeling, the authors show how insights from dispersed fields like the microeconomics of capital market imperfections, industrial dynamics and the theory of stochastic processes can be fruitfully combined to improve our understanding of macroeconomic dynamics.
Rock, Paper, Scissors: Game Theory in Everyday Life
Game theory is all around us. How the modern science of game theory has helped biologists to understand the evolution of cooperation in nature, and investigates how we might apply those lessons to our own society. In a series of experiments author sheds light on the problem of global cooperation. Rock, Paper, Scissors will both teach and delight anyone interested in what it what it takes to get people to work together.
The Nobel Prize-winning scientist's presentation of his landmark theory According to Einstein himself, this book is intended to give an exact insight into the theory of Relativity to those readers who, from a general scientific and philosophical point of view, are interested in the theory, but who are not conversant with the mathematical apparatus of theoretical physics.
This book is dedicated to problems involving colored objects, and to results about the existence of certain exciting and unexpected properties that occur regardless of how these objects are colored. In mathematics, these results comprise the beautiful area known as Ramsey Theory. Wolfram’s Math World defines Ramsey Theory as "the mathematical study of combinatorial objects in which a certain degree of order must occur as the scale of the object becomes large." Ramsey Theory thus includes parts of many fields of mathematics, including combinatorics, geometry, and number theory.
Political Philosophy: Fact, Fiction, and VisionThis book is about politics, political theory, and political philosophy. Although these disciplines are often conflated because they interact, they actually are distinct. Political theory is part of political science, whereas political philosophy is a hybrid of political theory and philosophy. The former discipline is descriptive and explanatory, whereas the latter is prescriptive - to the point that it is often called "normative theory." It is in fact the evaluative study of political societies.