TY - BOOK AU - Aruka, Yuji TI - Evolutionary economics T2 - Springer Texts in Business and Economics (STBE) SN - 9789819713813 U1 - 330.1 PY - 2024/// CY - Singapore PB - Springer KW - Business--Economics N1 - Table of contents: Critical Assessments of Economics Front Matter Pages 1-1 Download chapter PDF The Role of Money Yuji Aruka Pages 3-18 A Critical Assessment of Pure Economics Yuji Aruka Pages 19-35 Redomaining Equilibrium Economics Yuji Aruka Pages 37-56 Interpreting the Iterated Dilemma Games by Using the Presentation Like “Cellular Automatons” Yuji Aruka Pages 57-72 Evolution of Economics Front Matter Pages 73-73 Download chapter PDF The Evolution of Molecule System and the Systemic Risks Yuji Aruka Pages 75-92 A Measure of Systemic Risk Derived from the Input-Output Table Yuji Aruka Pages 93-109 Alternative Developing Tools for Economics Yuji Aruka Pages 111-133 Evolutionary Reconstruction of Economics Front Matter Pages 135-135 Download chapter PDF The Reconstruction of the Theory of Production and Preference Yuji Aruka Pages 137-160 Choice Axioms and a Geometrical Analysis of Rankings Yuji Aruka Pages 161-175 The Evolution of Exchange Process Yuji Aruka Pages 177-197 A Theory of International Trade Yuji Aruka Pages 199-228 Elementary Stochastic Methods for Economics Front Matter Pages 229-229 Download chapter PDF Elementary Tools for Stochasitc Analysis Yuji Aruka Pages 231-260 Stochastic Methods from the Simplest Transaction Dynamics to the Complex Networks Yuji Aruka Pages 261-291 Statistical Approach on the Economic System Yuji Aruka Pages 293-320 [https://link.springer.com/book/10.1007/978-981-97-1382-0] N2 - This textbook presents a new way to visualize or imagine the evolutionary architecture of economics, to judge both its practical outcomes and its ultimate value. Evolutionary economics employs an Aristotelian architecture. The cognitive value of this imagination[H1] must be directly relevant to the evolutionary theory and practice of designing the architecture of the economic system. Mainstream economics completely ignores design value in order to concentrate on the ideal, Platonic vision of the economy. The current system is no longer one that converges on a constant entity, because the system is constantly evolving. The advent of the digital economy is an indispensable next step, and computational power and algorithmic rationality are increasingly dominating the economic system—and complicating it. In today’s society, neither fault nor malice matters in the algorithmic or human system. There is little room left for the effective working of human reason. Correspondingly, the meanings of money, exchange, the market system, auctions, production, consumption, and the currency transaction system are poised to change. In most cases, there will be digital counterparts. A smart contract tied together with DLT, for example, makes it possible to design an economically well-behaved peer-to-peer (P2P) system, which ranges from the micromarket to the international currency transaction system. The introduction of this technology and its architectural design may suggest what a truly decentralized future entails. This change may also bring about a new understanding of existing social consensus and practice. Thus, the implementation of these considerations naturally leads to a new style of chapter structuring in this book, from the classical analytical approach to exploring computational methods and digital tools: in many cases, the problems presented in each chapter are combined with discussions of a respective computational method and its practical value. (https://link.springer.com/book/10.1007/978-981-97-1382-0) ER -