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Description - Barriers and Bounds to Rationality: Essays on Economic Complexity and Dynamics in Interactive Systems by Peter Albin

This is a collection of articles by the author on the application of cellular automata and complexity theory to economic problems. He analyzes economic systems as interactions of highly complex components and uses the theories of generative linguistics and cellular automata to establish that the complexity level of economic systems is, in principle, that of a Turing machine or general-purpose computer.

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Book Details

ISBN: 9780691026763
ISBN-10: 0691026769
Format: Hardback
(235mm x 152mm x mm)
Pages: 296
Imprint: Princeton University Press
Publisher: Princeton University Press
Publish Date: 6-Apr-1998
Country of Publication: United States

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Author Biography - Peter Albin

Peter S. Albin, Professor Emeritus of Economics at the City University of New York, is author of The Analysis of Complex Socio-Economic Systems and Progress without Poverty. Duncan K. Foley is Professor of Economics at Barnard College of Columbia University. His books include Understanding Capital and Money, Accumulation and Crisis.