Limits of Economic and Social Knowledge

Informationen zum Autor Stephen J. DeCanio is Professor of Economics, Emeritus (University of California, Santa Barbara, USA). From 1986 to 1987 he served as a senior staff economist at the President's Council of Economic Advisers. He participated in the Intergovernmental Panel on Climate Change that shared the 2007 Nobel Peace Prize. He has been a recipient of the Leontief Prize for Advancing the Frontiers of Economic Thought, as well as a 'Best of the Best' Stratospheric Ozone Protection Award from the US Environmental Protection Agency. Klappentext The book aims to show that the deterministic vision embodied in conventional economic modelling is neither consistent with nor supported by the state of the art in mathematics, logic, and physical science. DeCanio recognizes that economic agents are intrinsically free and somewhat unpredictable, which is essential for economic and social theory. Zusammenfassung The book aims to show that the deterministic vision embodied in conventional economic modelling is neither consistent with nor supported by the state of the art in mathematics! logic! and physical science. DeCanio recognizes that economic agents are intrinsically free and somewhat unpredictable! which is essential for economic and social theory. Inhaltsverzeichnis 1. Introduction and Overview 2. Consequences of computational limits 3. Simulating Simple Societies 4. Economics and Natural Science 5. Economics, Behaviorism, and Utilitarianism 6. A Case Study and Cautionary Tale: Climate Policy 7. Politics and Governance 8. The Gift of Freedom

Product details

• Authors: S DeCanio, S. DeCanio, Stephen J. DeCanio
• Publisher: Palgrave UK
• Languages: English
• Product format: Hardback
• Released: 21.11.2013
• EAN: 9781137371928
• ISBN: 978-1-137-37192-8
• No. of pages: 263
• Subjects: Social sciences, law, business > Business > Economics; Mikroökonomie, B, Umweltökonomie, Behavioral Economics, Economic history, Behavioural economics, Environmental Economics, Experimental Economics, Management science, Development Economics, Microeconomics, Palgrave Economics & Finance Collection, Behavioral/Experimental Economics, agents;Climate Policy;economics;mathematics;modeling