Computable Foundations for Economics (Routledge Advances in Experimental and Computable Economics) [Hardcover] Velupillai, K. Vela
Language: English
Published by Routledge, 2010
Series: Book 5 of 10 - Routledge Advances in Experimental and Computable Economics
- Hardcover
- Used
Seller: Broad Street Books, Branchville, NJ, U.S.A.Broad Street Books
AbeBooks seller since October 16, 2008
Condition: Used - Very good
£ 73.14
Quantity: 1 available
Add to basketItem description from seller
Blue boards with white lettering, Book is in very nice condition, text is unmarked and pages are tight. Lower tip of cover has tiny wear spot.
Seller Inventory # 29729
- Title
- Computable Foundations for Economics (Routledge Advances in Experimental and Computable Economics) [Hardcover] Velupillai, K. Vela
- Author
- Velupillai, K. Vela
- Publisher
- Routledge
- Publication year
- 2010
- Condition
- Very Good
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0415355672
- ISBN 13
- 9780415355674
- Item weight
- 32 ounces
- Series
- Book 5 of 10: Routledge Advances in Experimental and Computable Economics
Computable Foundations for Economics is a unified collection of essays, some of which are published here for the first time and all of which have been updated for this book, on an approach to economic theory from the point of view of algorithmic mathematics. By algorithmic mathematics the author means computability theory and constructive mathematics. This is in contrast to orthodox mathematical economics and game theory, which are formalised with the mathematics of real analysis, underpinned by what is called the ZFC formalism, i.e., set theory with the axiom of choice. This reliance on ordinary real analysis and the ZFC system makes economic theory in its current mathematical mode completely non-algorithmic, which means it is numerically meaningless.
The book provides a systematic attempt to dissect and expose the non-algorithmic content of orthodox mathematical economics and game theory and suggests a reformalization on the basis of a strictly rigorous algorithmic mathematics. This removes the current schizophrenia in mathematical economics and game theory, where theory is entirely divorced from algorithmic applicability – for experimental and computational exercises.
The chapters demonstrate the uncomputability and non-constructivity of core areas of general equilibrium theory, game theory and recursive macroeconomics. The book also provides a fresh look at the kind of behavioural economics that lies behind Herbert Simon’s work, and resurrects a role for the noble classical traditions of induction and verification, viewed and formalised, now, algorithmically. It will therefore be of particular interest to postgraduate students and researchers in algorithmic economics, game theory and classical behavioural economics.
"Synopsis" may belong to another edition of this title.
About the Author
Vela Velupillai is a Professor of Economics, both in the faculty of economics and in its graduate school, CIFREM, at the University of Trento, Italy. He is also a Senior Visiting Professor at the Madras School of Economics.
"About the title" may belong to another edition of this title.
Broad Street Books
Branchville, NJ, U.S.A.
AbeBooks seller since October 16, 2008
Shipping rates within U.S.A.
| Item | 5 to 14 business days | 2 to 5 business days |
|---|---|---|
| First item | £ 3.70 | £ 11.17 |
Payment methods
Store description
We run a small book shop. If you have any questions about a particular book, please feel free to ask. Thanks for checking out my shop ...
Specialty
Military History, Avation, Religion, Art, Photography, Medieval HistorySeller's business information
Broad Street Books
NJ, U.S.A.
Terms of sale
We guarantee the condition of every book as it's described on the Abebooks web
sites. If you're
dissatisfied with your purchase (Incorrect Book/Not as Described/Damaged) or if
the order hasn't
arrived, you're eligible for a refund within 30 days of the estimated delivery
date. If you've changed
your mind about a book that you've ordered, please use the Ask bookseller a
question link to contact
us and we'll respond within 2 business days.
Right of withdrawal
If you are a consumer you can withdraw from the contract in accordance with the following. Consumer means any natural person who is acting for purposes which are outside his trade, business, craft or profession.
Information regarding the right of withdrawal
Statutory right to withdraw
You have the right to withdraw from this contract within 14 days without giving any reason.
The withdrawal period will expire after 14 days from the day on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the last good or the last lot or piece.
To exercise the right of withdrawal, electronically fill in and submit a clear statement on our website, under "My Purchases" in "My Account". We will communicate to you an acknowledgement of receipt of such a withdrawal on a durable medium (e.g. by e-mail) without delay.
To meet the withdrawal deadline, it is sufficient for you to send your communication concerning your exercise of the right of withdrawal before the withdrawal period has expired.
Effects of withdrawal
If you withdraw from this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).
We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.
We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to withdraw from this contract.
We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.
We may withhold reimbursement until we have received the goods back, or you have supplied evidence of having sent back the goods, whichever is the earliest.
You shall send back the goods or hand them over to Broad Street Books, Branchville, New Jersey, U.S.A., +1 862-268-5184, without undue delay and in any event not later than 14 days from the day on which you communicate your withdrawal from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.
Exceptions to the right of withdrawal
The right of withdrawal does not apply to:
- The delivery of newspapers, journals or magazines with the exception of subscription contracts; and
- The supply of digital content which is not supplied on a tangible medium (e.g. on a CD or DVD) if you accepted when you placed your order that we could start to deliver it, and that you could not withdraw once delivery had started.
Shipping terms
Shipping costs are based on books weighing 2.2 LB, or 1 KG. If your book order is heavy or oversized, we may contact you to let you know extra shipping is required.