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http://hdl.handle.net/11718/21894| Title: | Absence of economic and social constants |
| Other Titles: | THE EUROPEAN PHYSICAL JOURNAL SPECIAL TOPICS |
| Authors: | Chakrabarti, Anindya Lahkar, Ratul |
| Keywords: | economics;equilibrium |
| Issue Date: | 2016 |
| Publisher: | Springer |
| Citation: | Chakrabarti, A.S., & Lahkar, R. (2016) . Absence of economic and social constants . European Physical Journal-Special Topics, 225, {17-18), 3115-3119. DOI: htt ps: / /doi.org/ 10.1140/epjst / e2016-60176-3 |
| Abstract: | In this article, we discuss the possibility of economics as a discipline emulating the success of hard sciences. In our view, a fundamental obstacle arises from the fact that economics does not have (m)any stable and robust laws governing economic systems that hold true irrespective of the source of data. One possible but untested way to introduce some of the evolving features of large scale economic systems, e.g. out-of-equilibrium dynamics and finite rationality, is evolutionary game theory |
| URI: | http://hdl.handle.net/11718/21894 |
| Appears in Collections: | Journal Articles |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Absence of economic_2016.pdf Restricted Access | Absence of economic_2016 | 87.54 kB | Adobe PDF | View/Open Request a copy |
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