Classical microeconomics is intended to explain how a price system is able to coordinate the economic agents. But even if it can be extended to incomplete information and externalities, it remains grounded on very heroic assumptions. Agents are endowed with a very strong rationality, equilibrium is stated without a concrete process to achieve it, market is the unique institution considered. Evolutionary microeconomics is aimed at bypassing these limitations by considering a dynamic approach, however not biologically oriented. Agents have local information and bounded rationality, they are involved in explicit processes of interactions through time, various institutions sustain the market or substitute to it. It explains then some phenomena hardly explained by classical microeconomics: dispersion of prices, variety of industrial structures, financial bubbles.
The emergence of a true systemic science - the systemic one - capable of rigorously addressing the many problems posed by the design and management of the evolution of modern complex systems is therefore urgently needed if wants to be able to provide satisfactory answers to the many profoundly systemic challenges that humanity will have to face at the dawn of the third millennium. This emergence is of course not easy because one can easily understand that the development of the systemic is mechanically confronted with all the classical disciplines which can all pretend to bring part of the explanations necessary to the understanding of a system and which do not naturally see a good eye a new discipline claim to encompass them in a holistic approach ... The book of Jacques Printz is therefore an extremely important contribution to this new emerging scientific and technical discipline: it is indeed first of all one of the very few "serious" works published in French and offering a good introduction to the systemic. It gives an extremely broad vision of this field, taking a thread given by the architecture of systems, in other words by the part of the systemic that is interested in the structure of systems and their design processes, which allows everyone to fully understand the issues and issues of the systemic. We can only encourage the reader to draw all the quintessence of the masterful work of Jacques Printz which mixes historical reminders explaining how the systemic emerged, introduction to key concepts of the systemic and practical examples to understand the nature and the scope of the ideas introduced.
In the face of increasing complexity, uncertainty and difficulty in the design and implementation of reforms, companies, organizations and institutions must strive to capitalize on the prevailing disarray by acting wisely in overcoming it. Strategic engineering is part of an integrative, tool-based approach, inspired by the life sciences and Âcreative recursionÂ. This book is structured into three parts, which correspond to the three main phases of the strategic engineering approach: observe and discern; judge and arbitrate; act and intervene. Strategic Engineering has wide appeal, relevant to senior leaders, decisionmakers, managers and practitioners within businesses, government and local authorities. It is also intended for those who wish to develop their capability in anticipatory or transformative management within economic, sociopolitical and strategic contexts.
Organization and Pedagogy of Complexity deals with real systems, their architecture, and speaks of those who design, develop and maintain them. After a summary of the architecture proposed by Daniel Krob, president of CESAMES in Paris, France, the book focuses on the sensor and effector equipment that routes and converts the system's information to the place where it is processed. These are the equivalent of the system's sense organs. It also analyzes the roots of complexity from the perspective of combinatorics: in real systems, everything comes down to cases and/or configurations being validated in greater or lesser numbers, but which must be kept under control. This book presents two case studies, giving a global vision of complexity. Finally, it presents a prospective approach that brings the engineering of artificial systems closer to that of biological systems, based on first-hand information provided by Philippe Kourilsky, Emeritus Professor at the Collège de France.
Describes the application of research to the evolution of weapons. It shows how natural, engineering, information and environmental sciences are exploited how even social science is applied to recruitment, battlefield and logistical management, and careful preparation of terroristic acts.
Professor Dreze is a highly respected mathematical economist and econometrician. This book brings together some of his major contributions to the economic theory of decision making under uncertainty, and also several essays. These include an important essay on 'Decision theory under moral hazard and state dependent preferences' that significantly extends modern theory, and which provides rigorous foundations for subsequent chapters. Topics covered within the theory include decision theory, market allocation and prices, consumer decisions, theory of the firm, labour contracts, and public decisions.
The complexity and volatility of energy markets creates strong demand for quantitative analysis and econometric techniques. This book offers an introduction to the state of the art in econometric modelling applied to the most pertinent issues in today's energy markets for a better understanding of the working of energy systems and energy economics.
Based on their work in the application of principal-agent theory to questions of regulation, Laffont and Tirole develop a synthetic approach to this field, focusing on the regulation of natural monopolies such as military contractors, utility companies and transportation authorities.
Riche et dense, ce volume d'hommages à Jacques Lesourne explore les différents aspects d'un parcours intellectuel hors du commun. Les textes présentés font à cette occasion le point sur les dernières avancées des théories de la décision, de la prospective et de l'auto-organisation, autant de domaines dont Jacques Lesourne a été l'un des pionniers.
Classical microeconomics is intended to explain how a price system is able to coordinate the economic agents. But even if it can be extended to incomplete information and externalities, it remains grounded on very heroic assumptions. Agents are endowed with a very strong rationality, equilibrium is stated without a concrete process to achieve it, market is the unique institution considered. Evolutionary microeconomics is aimed at bypassing these limitations by considering a dynamic approach, however not biologically oriented. Agents have local information and bounded rationality, they are involved in explicit processes of interactions through time, various institutions sustain the market or substitute to it. It explains then some phenomena hardly explained by classical microeconomics: dispersion of prices, variety of industrial structures, financial bubbles.
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