Decision Theory and Choices: a Complexity Approach

Faggini, Marisa; Vinci, Concetto Paolo

doi:10.1007/978-88-470-1778-8

Cited by 4 publications

(3 citation statements)

References 109 publications

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“…In this context, it is interesting that some advocates of neoclassical economics had a technical, natural scientific or mathematic education 12 . For example, Pareto was a trained engineer 13 ; Marshall was a mathematician [38], and Jevons studied natural sciences [25]. However, this education alone cannot explain a formalized assumption of the ideas of mechanics applied to neoclassical economics.…”

Section: A Short Historymentioning

confidence: 99%

“…These principles, which will be described subsequently, are as follows:  determinism  reversibility  (strong) causality  the assumption that the whole consists of the sums of its parts 12 Lentz also indicates that a number of the most prominent advocates initially underwent a technical-natural scientific education [25]. 13 Oltmanns, cited according to [38]. 14 Hawking considers Newton's contributions to be presumably the most important physical publication written by one person alone [39].…”

Section: Regarding Classical Mechanics and Newtonian Physicsmentioning

confidence: 99%

“…Especially in the recent past, numerous interesting publications addressing chaos theory and economics have been published. For example, the following monographs are cited: Faggini & Vinci [13], Metcalfe & Foster [14], Trosky [15], Mandelbrot & Hudson [16], Barnett,Deissenberg & Feichtinger [17], Zehetner [18], and Puu [19]. An introduction to chaos theory and some economic applications can be found, for instance, in the work by Baumol & Benhabib [20].…”

Section: "Run Through" and Introductionmentioning

confidence: 99%

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The Breakdown of the Traditional Mechanistic Worldview, the Development of Complexity Sciences and the Pretence of Knowledge in Economics

Liening¹

2013

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This article is an introduction to complexity theory, which will be discussed using the example of economic science. In this context, a short historical overview is intended to demonstrate why the traditional mechanistic worldview persistently remains a part of economic science and how it led to the development of the theory of complex systems, which, for example, can be subsumed under chaos theory. Furthermore, a simple supply and demand model is employed as an example to discuss this new theory and to describe the characteristics of complexity in comparison with the general mechanistic principle. For this purpose, specially designed software is used for the simulation and analysis of selected complex systems.

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Section: A Short Historymentioning

confidence: 99%

Section: Regarding Classical Mechanics and Newtonian Physicsmentioning

confidence: 99%

Section: "Run Through" and Introductionmentioning

confidence: 99%

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The Breakdown of the Traditional Mechanistic Worldview, the Development of Complexity Sciences and the Pretence of Knowledge in Economics

Liening¹

2013

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Creative city as the rebranding strategy to accelerate new economic city: Indonesia’s city development strategy to build a new economic center as an integrating ideas, society and industries in the development of Indonesian creative cities

Setiadi

Sutanto

Surienty

2021

IOP Conf. Ser.: Earth Environ. Sci.

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The acceleration of the role of creative components is an important phenomenon in the current and future dynamic era because it is a renewable resource that does not exploit increasingly critical and depleted natural resources. The formation of the creative cities which will also foster a creative economy through creative industries also relates to efforts to city rebranding into an alternative destination to curb the pace of urbanization and equalize prosperity. This research has been carried out based on the phenomenon even though Creative Industries has contributed to GDP (Gross Domestic Product) reaching 6.3 percent, there are still infrastructure challenges, human resources, and regulations for creative industries. Therefore, this research aims to support the development of areas for creative economy in creative cities through the revitalization of creative groups and city branding. To obtain a holistic, comprehensive and integrated understanding, a review based on connectivity is carried out between various complexity theories which include various studies supporting the understanding of creative terms. The outcome of this research is to build a more coherent framework to define and understand how the creative economy runs.

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Towards Information Lasers

Khrennikov

2015

Entropy

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Recently, the methods of quantum theory (QT), especially quantum information and probability, started to be widely applied outside of physics: in cognitive, social and political sciences, psychology, economics, finances, decision making, molecular biology and genetics. Such models can be called quantum-like, in contrast to real quantum physical cognitive and biological models. Quantum-like means that only the information and probability structures of QT are explored. This approach matches the information interpretation of QT well (e.g., Zeilinger and Brukner, Fuchs and Mermin, D'Ariano), as well as the informational viewpoint on physics in general (e.g., Wheeler's "it from bit" paradigm). In this paper, we propose a quantum-like model of an information laser by precessing the assumptions on the structure of state spaces of information processors, "information atoms" (i-atoms) and information fields. The basic assumption is the discrete structure of state spaces related to quantization of an information analog of energy. To analyze a possible structure of the state space of i-atoms leading to the possibility to create information lasers, we have to develop a purely information version of quantum thermodynamics. We did this by placing the main attention on the derivation of the conditions for the equilibrium of information exchange between i-atoms and a quantized information field.

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Decision Theory and Choices: a Complexity Approach

Abstract: The publication of this book has been made possible thanks to the financial support of the University of Salerno

Cited by 4 publications

References 109 publications

The Breakdown of the Traditional Mechanistic Worldview, the Development of Complexity Sciences and the Pretence of Knowledge in Economics

The Breakdown of the Traditional Mechanistic Worldview, the Development of Complexity Sciences and the Pretence of Knowledge in Economics

Creative city as the rebranding strategy to accelerate new economic city: Indonesia’s city development strategy to build a new economic center as an integrating ideas, society and industries in the development of Indonesian creative cities

Towards Information Lasers

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