[PDF.31xv] Evolvodynamics - The Mathematical Theory of Economic Evolution: A Coherent Way of Interpreting Time, Scarceness, Value and Economic Growth (Lecture Notes in Economics and Mathematical Systems)

Evolvodynamics - The Mathematical Theory of Economic Evolution: A Coherent Way of Interpreting Time, Scarceness, Value and Economic Growth (Lecture Notes in Economics and Mathematical Systems)

[PDF.ax77] Evolvodynamics - The Mathematical Theory of Economic Evolution: A Coherent Way of Interpreting Time, Scarceness, Value and Economic Growth (Lecture Notes in Economics and Mathematical Systems)

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 | #5610263 in Books |  Springer |  2013-03-12 |  2013-03-25 | Original language:English | PDF # 1 |  9.25 x.65 x6.11l,.90 | File type: PDF | 279 pages

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Dissatisfied with the flaws of orthodox economics, the author proposes to base economic theory on the three principles of Darwinian evolution (variation, inheritance, selection). Pursuing a suggestion of E.T. Jaynes of 1991, the innovation is in treating economic behavior as chance events of selection. This involves abandoning the methods of mainstream economics and to apply instead the methods by which Claude E. Shannon analyzed information transport over a stationar...

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