Non-Equilibrium Social Science and Policy Introduction and Essays on New and Changing Paradigms in Socio-Economic Thinking
The overall aim of this book, an outcome of the European FP7 FET Open NESS project, is to contribute to the ongoing effort to put the quantitative social sciences on a proper footing for the 21st century. A key focus is economics, and its implications on policy making, where the still dominant tradi...
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Springer Nature
2017
Springer Open Springer International Publishing AG Springer |
| Vydání: | 1 |
| Edice: | Understanding Complex Systems |
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| ISBN: | 9783319424248, 3319424246, 9783319424224, 331942422X |
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| Abstract | The overall aim of this book, an outcome of the European FP7 FET Open NESS project, is to contribute to the ongoing effort to put the quantitative social sciences on a proper footing for the 21st century. A key focus is economics, and its implications on policy making, where the still dominant traditional approach increasingly struggles to capture the economic realities we observe in the world today - with vested interests getting too often in the way of real advances. Insights into behavioral economics and modern computing techniques have made possible both the integration of larger information sets and the exploration of disequilibrium behavior. The domain-based chapters of this work illustrate how economic theory is the only branch of social sciences which still holds to its old paradigm of an equilibrium science - an assumption that has already been relaxed in all related fields of research in the light of recent advances in complex and dynamical systems theory and related data mining. The other chapters give various takes on policy and decision making in this context. Written in nontechnical style throughout, with a mix of tutorial and essay-like contributions, this book will benefit all researchers, scientists, professionals and practitioners interested in learning about the 'thinking in complexity' to understand how socio-economic systems really work. |
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| AbstractList | Data-driven Science, Modeling and Theory Building; Methodology of the Social Sciences; Economic Theory/Quantitative Economics/Mathematical Methods; Operation Research/Decision Theory; Complexity Non-Equilibrium Social Science & Policy -- Economics -- Social Psychology and Narrative Economy -- Sociology and Non-Equilibrium Social Science -- Geography far from Equilibrium -- Cities in Disequilibrium -- The Evolutionary Theory of Globalization -- Systems, Networks, and Policy -- Towards a Complexity-Friendly Policy: breaking the vicious circle of equilibrium thinking in economic and public policy -- The Information Economy -- Complexity Science & the Art of Policy Making -- The Complexity of Government -- The Room Around the Elephant: Tackling Context-Dependency in the Social Sciences -- Global Systems Science and Policy -- Index The overall aim of this book, an outcome of the European FP7 FET Open NESS project, is to contribute to the ongoing effort to put the quantitative social sciences on a proper footing for the 21st century. A key focus is economics, and its implications on policy making, where the still dominant traditional approach increasingly struggles to capture the economic realities we observe in the world today - with vested interests getting too often in the way of real advances.Insights into behavioral economics and modern computing techniques have made possible both the integration of larger information sets and the exploration of disequilibrium behavior. The domain-based chapters of this work illustrate how economic theory is the only branch of social sciences which still holds to its old paradigm of an equilibrium science - an assumption that has already been relaxed in all related fields of research in the light of recent advances in complex and dynamical systems theory and related data mining.The other chapters give various takes on policy and decision making in this context. Written in nontechnical style throughout, with a mix of tutorial and essay-like contributions, this book will benefit all researchers, scientists, professionals and practitioners interested in learning about the 'thinking in complexity' to understand how socio-economic systems really work. The overall aim of this book, an outcome of the European FP7 FET Open NESS project, is to contribute to the ongoing effort to put the quantitative social sciences on a proper footing for the 21st century. A key focus is economics, and its implications on policy making, where the still dominant traditional approach increasingly struggles to capture the economic realities we observe in the world today - with vested interests getting too often in the way of real advances. Insights into behavioral economics and modern computing techniques have made possible both the integration of larger information sets and the exploration of disequilibrium behavior. The domain-based chapters of this work illustrate how economic theory is the only branch of social sciences which still holds to its old paradigm of an equilibrium science - an assumption that has already been relaxed in all related fields of research in the light of recent advances in complex and dynamical systems theory and related data mining. The other chapters give various takes on policy and decision making in this context. Written in nontechnical style throughout, with a mix of tutorial and essay-like contributions, this book will benefit all researchers, scientists, professionals and practitioners interested in learning about the 'thinking in complexity' to understand how socio-economic systems really work. |
| Author | Rosewell, Bridget Nowak, Andrzej Ormerod, Paul Johnson, Jeffrey Zhang, Yi-Cheng |
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| Snippet | The overall aim of this book, an outcome of the European FP7 FET Open NESS project, is to contribute to the ongoing effort to put the quantitative social... Data-driven Science, Modeling and Theory Building; Methodology of the Social Sciences; Economic Theory/Quantitative Economics/Mathematical Methods; Operation... Non-Equilibrium Social Science & Policy -- Economics -- Social Psychology and Narrative Economy -- Sociology and Non-Equilibrium Social Science -- Geography... |
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| SubjectTerms | Antiques, vintage and collectables Applied Dynamical Systems Astronomy, space and time Behavioral economics Biotechnology Business and Management Collecting coins, banknotes, medals and other related items Complex socio-economic systems Complex Systems Complexity Complexity, Computational Computational complexity Computational Social Sciences Computer applications in the social & behavioural sciences Computers Cybernetics & systems theory Cybernetics and systems theory Data-driven Science Decision making Dynamics Ecological science Econometrics Economic theory Economic theory & philosophy Economic theory and philosophy Economic Theory/Quantitative Economics/Mathematical Methods Economics Economics, Finance, Business and Management Econophysics Econophysics and Social Dynamics Energy industries and utilities Engineering Gleichgewichtstheorie Industry and industrial studies Information economy and policy informatics Information theory Lifestyle, Hobbies and Leisure Management decision making Mathematics and Science Mathematics. Analysis Methodology of the Social Sciences Modeling and Theory Building Nonlinear theories Operation Research/Decision Theory Operational research Operations research Operations Research and Decision Theory Operations Research/Decision Theory Paradigm shift in economic thinking Physics Quantitative Economics Quantitative social sciences Reference, Information and Interdisciplinary subjects Research and information: general Social Aspects Social dynamics in policy Social research & statistics Social research and statistics Social sciences Social sciences-Computer programs Social sciences-Data processing Society and Social Sciences Sociology Sociology and anthropology Sociology—Methodology Sociophysics Sozialwissenschaft System theory the Biosphere Wirtschaftswissenschaft |
| Subtitle | Introduction and Essays on New and Changing Paradigms in Socio-Economic Thinking |
| TableOfContents | 3 Narratives in Global Systems Science and Policy -- 4 Prediction and Policy -- 4.1 Point prediction -- 4.2 Extreme Events -- 4.3 Unintended Consequences -- 4.4 Definitive Predictions are Impossible in Social Systems -- 4.5 Exploring the Future -- 5 Systems, Complexity and Prediction for Policy -- 5.1 Systems -- 5.2 Complexity -- 5.3 The Integrative Science of Complex Systems -- 6 Policy Informatics: Tools for Exploring the Future -- 6.1 Data for Policy -- 6.2 Agent-Based Modelling for Policy Exploration -- 6.3 Synthetic Micropopulations -- 6.4 Visualisation and Visual Analytics -- 7 Citizens in the Policy Loop -- 8 GSS Coordinating Policy Makers, Citizens and Scientists -- 8.1 Policy Design -- 8.2 The GSS Policy Process -- 9 Conclusion -- References -- Index 3.2 Feedback -- 3.2.1 Negative Feedback -- 3.2.2 Positive Feedback -- 3.2.3 Interacting Feedback Loops -- 3.2.4 Oscillating Feedback Mechanisms -- 3.3 Computing System Behaviour -- 3.3.1 Coupled Populations -- 3.3.2 Computing State Transitions -- 3.3.3 Boundedness and Phase Change -- 3.3.4 Sensitivity to Initial Conditions -- 3.3.5 System Dynamics -- 3.4 Equilibrium -- 3.5 Multilevel Systems -- 4 Networks -- 4.1 Small World Networks -- 4.2 Statistical Properties of Networks -- 4.3 Orientation and Relational Asymmetry -- 4.4 Percolation -- 4.5 Motifs -- 4.6 Multiplex Networks -- 4.7 Hypergraphs and Simplicial Complexes -- 4.8 Hypernetnetworks -- 5 Networks and Policy -- 5.1 The Use of Financial Services -- 5.2 Obesity -- 5.3 Smoking -- 5.4 Searching for Sadam -- 6 Systems and Networks Theory Informing Policy -- 7 Conclusions: Systems, Networks, and Policy -- References -- Towards a Complexity-Friendly Policy: Breaking the Vicious Circle of Equilibrium Thinking in Economics and Public Policy -- 1 Introduction -- 2 The Mechanistic Approach of Conventional Policy -- 3 The Underestimation of Complex Network Effects in Economic and Health Policies -- 3.1 Network Implications for the Regulation of Financial Markets -- 3.2 The Network Medicine Approach to Public Health Policy -- 4 Challenges Towards a Complexity-Friendly Policy -- References -- The Information Economy -- 1 Information as Bottleneck for Economic Transactions -- 2 The Gray Cognitive Zone -- 3 Information Institutions -- 4 Matching with Partial Information, SMP Revisited -- 5 The Fundamental Asymmetry -- 6 Diversification -- 7 Conclusion: The Non-equilibrium Paradigm -- References -- Complexity Science and the Art of Policy Making -- 1 Introduction -- 2 Proof and the Force of Tradition: Transport Policy -- 2.1 Proof in Policy -- 2.2 Models, Proof and Tradition -- 2.3 Agglomeration 3 Sociology and Sociology and Non/equilibrium Sciences -- 4 Sociology and Agent-Based Modelling -- 5 Sociology and Policy -- 6 Concluding Remarks -- References -- Geography Far from Equilibrium -- 1 Introduction -- 2 Local or Temporary Stabilities Instead of General Equilibrium -- 3 Increasing Inequalities with Urban Development -- 3.1 Asymmetries in the Accumulation Process -- 3.2 Increasing Divergence in Accessibility as Transportation Speed Increases -- 3.3 Continuous Proactive Adaptation in an Open Evolution -- 4 Geographical Tools for Managing and Anticipating the State of the World -- References -- Cities in Disequilibrium -- 1 Introduction -- 2 Equilibrium, Steady States, Feedback and Urban Dynamics -- 3 From Catastrophe and Bifurcation to Chaos -- 4 Cities as Far-from-Equilibrium Structures -- 5 Creation and Destruction: Radical Change From Innovations in Technology -- 6 Reflections -- References -- Global Political Dynamics and the Science of Complex Systems -- 1 Introduction: Interaction, Co-evolution and Specialization as Sources of Diversity in Highly Interconnected Societies -- 2 Global Political Economy and Development -- 3 Political Science and International Political Economy -- 4 The Evolutionary Dynamics of Densely Connected Societies -- 5 The Behavioural Mechanisms of Policy Diffusion: Decision-Making, Collective Learning and the Persistence of Objectively Inferior Choices -- 6 Parallel Processing -- 7 Fitness Landscapes: How Ecology Affects Decision-Making -- 8 Niche Construction Theory: Global Development Through Variation -- 9 Convergence is Just One Option -- 10 Evolutionary Stables Strategies in Political Economy: What Should Global Public Policy Optimise? -- References -- Systems, Networks, and Policy -- 1 Introduction -- 2 Policy -- 3 Systems -- 3.1 System Diagrams -- 3.1.1 The Bovine Tuberculosis-Badger Culling System Intro -- Acknowledgments -- Contents -- Non-Equilibrium Social Science and Policy -- 1 Introduction -- 2 The Non-Equilibrium Social Sciences -- 2.1 Social Psychology and the Narrative Economy -- 2.2 Sociology and Non-Equilibrium Social Science -- 2.3 Geography Far from Equilibrium -- 2.4 Cities in Disequilibrium -- 2.5 International Relations -- 2.6 Systems, Networks and Policy -- 2.7 Complexity Friendly Economics -- 2.8 The Information Economy -- 2.9 Towards a New Economics -- 3 Social Science in Policy -- 3.1 Complexity Science and the Art of Policy Making -- 3.2 The Complexity of Government -- 3.3 Context-Dependency in the Social Sciences -- 3.4 Global Systems Science and Policy -- 4 Conclusion: A Roadmap for Further Research -- 4.1 Research Theme 1: Realistic Models of Agent Behaviour in the Twenty-first Century -- 4.2 Research Theme 2: Multi-level Systems -- 4.3 Research Theme 3: Policy Informatics -- 4.4 Research Theme 4: Narratives and Decision Making Under Uncertainty -- 4.5 Research Theme 5: Validation of Agent-Based Complex System Models -- 4.6 Research Theme 6: Global Systems Science -- References -- Economics -- 1 Introduction -- 2 The Core Model of Economic Theory: `Rational' Choice -- 2.1 The Background -- 2.2 The Key Assumptions -- 2.3 A Challenge -- 2.4 Developments -- 2.5 The Current Situation -- 3 Moving Forward -- 3.1 The Core Model of Behaviour -- 3.2 Networks -- 3.3 Growth and the Business Cycle -- 3.4 Sentiment, Narratives and Uncertainty -- 4 Summary and Conclusion -- References -- Social Psychology and the Narrative Economy -- 1 Introduction -- 2 Levels of the System -- 3 The Myth of Rational Decision Making at the Microlevel -- 4 The Mesolevel -- 5 The Macrolevel -- 6 The New Agent -- 7 Narratives -- 8 Conclusions -- References -- Sociology and Non-Equilibrium Social Science -- 1 Introduction -- 2 Sociology in a Nutshell 2.4 Privileging Tradition Over Evidence and Proof -- 3 Optimality and Optioneering: Competition Policy and Innovation -- 3.1 Optimality, Perfect Competition, and Policy -- 3.2 Complex Systems, Regulation and Decision Making -- 3.3 The Myth of the Utility Optimising Consumer: Copying and Nudge -- 3.4 Policy and the Myth of the Profit Maximising Firm -- 3.5 Innovation and Networks -- 3.6 Innovation and Optioneering -- 4 Other Things are not Equal: Cities, Devolution, and Growth -- 4.1 The Do Nothing Policy Option -- 4.2 Central Planning -- 4.3 Options Versus Optimality: The Dynamics of Policy Formulation -- 5 Conclusion: The Additionality Bugbear -- References -- The Complexity of Government -- 1 Introduction and Overview -- 2 Interaction and Collective Acts -- 2.1 The Networked Pin Factory -- 3 Collective Action and Social Governance -- 3.1 First and Second-Order Collective Action -- 3.2 Social Governance -- 3.3 Higher-Order Governance -- 4 The Libertarian Challenge -- 4.1 First Critique of Libertarianism -- 4.2 Second Critique of Libertarianism -- 5 The Complexity of Government -- 5.1 Tentative Ideas -- 5.2 Complexity Science -- References -- The Room Around the Elephant: Tackling Context-Dependency in the Social Sciences -- 1 Introduction -- 2 About Context -- 3 Avoidance Strategy 1: `Signal Plus Noise' Data-Fitting -- 4 Avoidance Strategy 2: Behavioural Foundationalism -- 5 Avoidance Strategy 3: Retreat into Specificity -- 6 Way Forward 1: Data-Mining Clues to Social Context -- 7 Way Forward 2: Context-Dependent Simulation Modelling -- 8 Way Forward 3: Combining Qualitative and Formal Approaches -- 9 Concluding Discussion -- References -- Global Systems Science and Policy -- 1 Introduction -- 2 Examples of Global Systems -- 2.1 Epidemiology -- 2.2 Finance -- 2.3 Cities -- 2.4 The Internet -- 2.5 Climate Change |
| Title | Non-Equilibrium Social Science and Policy |
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