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The Economic Philosophy of the Internet of Things

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This book contends that neoclassical approaches to modelling economic behaviour based on optimal control by "representative-agents" are ill-suited to a world typified by concurrency, decentralized control, and interaction. It argues for the development of new, process-based approaches to analysis, modelling and simulation and provides the cont

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9780367589479
  • Indbinding:
  • Paperback
  • Sideantal:
  • 246
  • Udgivet:
  • 14. august 2020
  • Størrelse:
  • 156x234x0 mm.
  • Vægt:
  • 453 g.
  • 2-3 uger.
  • 11. december 2024
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This book contends that neoclassical approaches to modelling economic behaviour based on optimal control by "representative-agents" are ill-suited to a world typified by concurrency, decentralized control, and interaction. It argues for the development of new, process-based approaches to analysis, modelling and simulation and provides the cont

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