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Evolutionary Economics and Social Complexity Science

Evolutionary Foundations of Economic Science

How Can Scientists Study Evolving Economic Doctrines from the Last Centuries?

Authors: Aruka, Yuji

  • Briefing on the evolving doctrines of economic theory of the last two centuries
  • Investigation of the change in meanings of the economy and the market and the associated theories
  • Integrative analysis of the evolution of economic theories and the history of social systems
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eBook $99.00
price for USA (gross)
  • ISBN 978-4-431-54844-7
  • Digitally watermarked, DRM-free
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  • Immediate eBook download after purchase
Hardcover $129.00
price for USA
  • ISBN 978-4-431-54843-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $129.00
price for USA
  • ISBN 978-4-431-56212-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This book aims to discern and distinguish the essential features of basic economic theories and compare them with new theories that have arisen in recent years. The book focuses on seminal economic ideas and theories developed mainly in the 1930s to 1950s because their emergence eventually led to new branches of economics. The book describes an alternative analytical framework spreading through the interdisciplinary fields of socioeconophysics and sociodynamics. The focus is on a set of branching or critical points that separate what has gone before from what has followed. W. Brian Arthur used the term “redomaining” when he referred to technological innovation. In the present volume the author aims to re domain economic theories suited for a new social order. Major technological innovations accompany not only changes in the economy and the market but changes in their meaning as well. In particular, the evolution of trading technology has changed the meaning of the “invisible hand.” At the end of the last century, the advent of socioeconophysics became a decisive factor in the emergence of a new economic science. This emergence has coincided with changes in the implications of the economy and the market, which consequently require a redomaining of economic science. In this new enterprise, the joint efforts of many scientists outside traditional economics have brought brilliant achievements such as power law distribution and network analysis, among others. However, the more diverse the backgrounds of economic scientists, the less integrated the common views among them may be, resulting in a sometimes perplexing potpourri of economic terminology. This book helps to mitigate those differences, shedding light on current alternative economic theories and how they have evolved.

Table of contents (6 chapters)

  • Historical Reviews Around Evolving Ideas of the Invisible Hand

    Aruka, Yuji

    Pages 1-33

  • The Historic Design of the Demand Law and Its Reconstruction

    Aruka, Yuji

    Pages 35-64

  • Network Analysis of Production and Its Renewal

    Aruka, Yuji

    Pages 65-99

  • Matching Mechanism Differences Between Classical and Financial Markets

    Aruka, Yuji

    Pages 101-130

  • The Evolution of the Market and Its Growing Complexity

    Aruka, Yuji

    Pages 131-160

Buy this book

eBook $99.00
price for USA (gross)
  • ISBN 978-4-431-54844-7
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $129.00
price for USA
  • ISBN 978-4-431-54843-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $129.00
price for USA
  • ISBN 978-4-431-56212-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Evolutionary Foundations of Economic Science
Book Subtitle
How Can Scientists Study Evolving Economic Doctrines from the Last Centuries?
Authors
Series Title
Evolutionary Economics and Social Complexity Science
Series Volume
1
Copyright
2015
Publisher
Springer Japan
Copyright Holder
Springer Japan
eBook ISBN
978-4-431-54844-7
DOI
10.1007/978-4-431-54844-7
Hardcover ISBN
978-4-431-54843-0
Softcover ISBN
978-4-431-56212-2
Series ISSN
2198-4204
Edition Number
1
Number of Pages
XVII, 219
Number of Illustrations and Tables
78 b/w illustrations, 24 illustrations in colour
Topics