Nonlinear Dynamics of Financial Crises

Erscheinungsjahr 2015
ISBN: 978-0-12-803275-6
Verlag: ACADEMIC PRESS

Buch, Englisch, 124 Seiten, Format (B × H): 151 mm x 229 mm, Gewicht: 230 g

When just a handful of economists predicted the 2008 financial crisis, people should wonder how so many well educated people with enormous datasets and computing power can be so wrong. In this short book Ionut Purica joins a growing number of economists who explore the failings of mainstream economics and propose solutions developed in other disciplines, such as sociology and evolutionary biology. While it might be premature to call for a revolution, Dr. Purica echoes John Maynard Keynes in believing that economic ideas are "dangerous for good or evil." In recent years evil seems to have had the upper hand. "Nonlinear Dynamics of Financial Crises" points to their ability to do good.

Zielgruppe

Upper-division undergraduates, graduate students, and professionals working in all areas of finance

Autoren/Hrsg.

Purica, Ionut

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Finanzkrisen, Wirtschaftskrisen
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzkrisen
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie

Inhaltsverzeichnis

1. Introduction 2. Evolution of Financial Crises 3. The Socio-Cultural Niche 4. Occupy the Financial Niche - Saturation and Crisis 5 Monitoring Issues and Measuring the Change 6. Non-Linear Effects in Market Penetration - Deterministic Chaos 7. Conclusions - Do We Want to Eliminate the Crises? A.1 Evolution of Models in Relation to Crisis Cycles A.2 Logistic Map

Über Autor(innen)

Purica, Ionut
Prof.Ionut Purica is a corresponding member of the Academy of Romanian Scientists (AOSR), and a senior researcher in econophysics. He had worked in the World Bank, ENEA Rome and ICTP Trieste, Italy and RENEL Romania developing nonlinear models for energy systems development and economic decisions. He holds two PhDs: one in energy systems and the other in economics.