Complexity, risk, and financial markets
- New York John Wiley & Sons 1999
- xvi,222p. 23 cm ; Pbk
$19.95
Introduction: Life, Risk, and Uncertainty. UNCERTAINTY, COMPLEXITY, AND SPONTANEOUS ORGANIZATION. Imposing Order: Conspiracies and the Mathematics of Ignorance. Uncertainty, Vagueness, and Ambiguity: The Need for Information. Complexity and Time: The Dynamics of Uncertainty. FREE MARKETS AND THE NEED FOR UNCERTAINTY. Subjectivism: "The Economics of Time and Ignorance." Diversity and Knowledge. Crisis and Competition: Creative Destruction in Free Markets. Economic Evolution: Change in Real Time. Creativity: Uncertainty, Innovation, and Entrepreneurs. Rules and Law: Limits in Complexity. Degrees of Order: Balancing Rules, Freedom, and Uncertainty. The Need for Uncertainty. References. Index
978-0471399817
Economic History Austrian school of economics Uncertainty Free enterprise