Mathematics and Modern Economics

In this topical collection, Professor Hodgson brings together the seminal classic and recent essays published since 1945 on the role of mathematics in economics, by leading authors including six Nobel Laureates, and from a variety of ...

Mathematics and Modern Economics

The appropriate role of mathematics in economics has been controversial for two hundred years, and has been a matter of ongoing debate as economics became more mathematical after the Second World War. Controversy has been heightened after extensive criticisms of models used for analysis, prediction and risk assessment prior to the great financial crash of 2008. In this topical collection, Professor Hodgson brings together the seminal classic and recent essays published since 1945 on the role of mathematics in economics, by leading authors including six Nobel Laureates, and from a variety of perspectives.

More Books:

Mathematics and Modern Economics
Language: en
Pages: 621
Authors: Geoffrey Martin Hodgson
Categories: Business & Economics
Type: BOOK - Published: 2012 - Publisher: Edward Elgar Pub

The appropriate role of mathematics in economics has been controversial for two hundred years, and has been a matter of ongoing debate as economics became more mathematical after the Second World War. Controversy has been heightened after extensive criticisms of models used for analysis, prediction and risk assessment prior to
Philosophy of Mathematics and Economics
Language: en
Pages: 242
Authors: Thomas A. Boylan, Paschal F. O'Gorman
Categories: Business & Economics
Type: BOOK - Published: 2018-04-09 - Publisher: Routledge

With the failure of economics to predict the recent economic crisis, the image of economics as a rigorous mathematical science has been subjected to increasing interrogation. One explanation for this failure is that the subject took a wrong turn in its historical trajectory, becoming too mathematical. Using the philosophy of
How Economics Became a Mathematical Science
Language: en
Pages: 328
Authors: E. Roy Weintraub
Categories: Business & Economics
Type: BOOK - Published: 2002-05-07 - Publisher: Duke University Press

In How Economics Became a Mathematical Science E. Roy Weintraub traces the history of economics through the prism of the history of mathematics in the twentieth century. As mathematics has evolved, so has the image of mathematics, explains Weintraub, such as ideas about the standards for accepting proof, the meaning
Essays on: The Nature and State of Modern Economics
Language: en
Pages: 276
Authors: Tony Lawson
Categories: Business & Economics
Type: BOOK - Published: 2015-04-17 - Publisher: Routledge

What do modern academic economists do? What currently is mainstream economics? What is neoclassical economics? And how about heterodox economics? How do the central concerns of modern economists, whatever their associations or allegiances, relate to those traditionally taken up in the discipline? And how did economics arrive at its current
Digital And The Real World, The: Computational Foundations Of Mathematics, Science, Technology, And Philosophy
Language: en
Pages: 472
Authors: Mainzer Klaus
Categories: Mathematics
Type: BOOK - Published: 2017-11-17 - Publisher: World Scientific

In the 21st century, digitalization is a global challenge of mankind. Even for the public, it is obvious that our world is increasingly dominated by powerful algorithms and big data. But, how computable is our world? Some people believe that successful problem solving in science, technology, and economies only depends