EBOOK Nonlinear Models for Economic Decision Processes

Using models, developed in one branch of science, to describe similar behaviors encountered in a different one, is the essence of a synergetic approach.A wide range of topics has been developed including Agent-based models, econophysics, socio-economic networks, information, bounded rationality and learning in economics, markets as complex adaptive systems — evolutionary economics, multiscale analysis and modeling, nonlinear dynamics and econometrics, physics of risk, statistical and probabilistic methods in economics and finance.This publication concentrates on process behavior of economic systems and building models that stem from Haken's, Prigogine's, Taylor's work as well as from nuclear physics models.Contents:Introduction: Reasons for Writing this Book, a Decision Theory ApproachNonlinear Models for the Labour MarketSecond Order Effects in Population MigrationCities: Reactors for Economic TransactionsConsiderations on the Reform in the Power Sector (Avoiding Chaos in the Path to an Optimal Market Structure)A Model of Nonlinear Dynamics in the Implementation of Decisions for the Evolution of Energy TechnologiesNonlinear Effects in Knowledge ProductionInstitutional Structures as Benard–Taylor ProcessesOscillatory Processes in Economic SystemsFinal Thoughts on a Different Way of Looking at Economic ProcessReadership: Advanced undergraduates, graduate students and researchers in applied mathematics and physics, and economics.