Author: Vincent Buskens
Publisher: Routledge
ISBN: 1317977238
Category : Social Science
Languages : en
Pages : 265
Book Description
Micro-Macro Links and Microfoundations in Sociology focuses on two main issues in sociology. Firstly, how macro-conditions can explain macro-outcomes mediated by actor behaviour at the micro-level (micro-macro links). Secondly, how alternative micro-models affect macro-outcomes (microfoundations). The contributions reflect key features of micro-macro modelling in sociology as well as recent progress in this field. The chapters address core features of explanations of social phenomena using micro-macro models, the problem of cooperation, heterogeneity of actors, structural balance, opinion formation, segregation, and problems of micro-macro models that are based on rational choice assumptions. Moreover, the contributions show how different research methods can be applied fruitfully, such as laboratory experiments, equilibrium analysis, and agent-based modelling. As a result, the book can be a guide for graduate students who want to develop their skills in building micro-macro models. In addition, the book provides specialists of the different substantive research areas with up-to-date new developments in their research area. This book was originally published as a special issue of Journal of Mathematical Sociology.
Micro-Macro Links and Microfoundations in Sociology
Author: Vincent Buskens
Publisher: Routledge
ISBN: 1317977238
Category : Social Science
Languages : en
Pages : 265
Book Description
Micro-Macro Links and Microfoundations in Sociology focuses on two main issues in sociology. Firstly, how macro-conditions can explain macro-outcomes mediated by actor behaviour at the micro-level (micro-macro links). Secondly, how alternative micro-models affect macro-outcomes (microfoundations). The contributions reflect key features of micro-macro modelling in sociology as well as recent progress in this field. The chapters address core features of explanations of social phenomena using micro-macro models, the problem of cooperation, heterogeneity of actors, structural balance, opinion formation, segregation, and problems of micro-macro models that are based on rational choice assumptions. Moreover, the contributions show how different research methods can be applied fruitfully, such as laboratory experiments, equilibrium analysis, and agent-based modelling. As a result, the book can be a guide for graduate students who want to develop their skills in building micro-macro models. In addition, the book provides specialists of the different substantive research areas with up-to-date new developments in their research area. This book was originally published as a special issue of Journal of Mathematical Sociology.
Publisher: Routledge
ISBN: 1317977238
Category : Social Science
Languages : en
Pages : 265
Book Description
Micro-Macro Links and Microfoundations in Sociology focuses on two main issues in sociology. Firstly, how macro-conditions can explain macro-outcomes mediated by actor behaviour at the micro-level (micro-macro links). Secondly, how alternative micro-models affect macro-outcomes (microfoundations). The contributions reflect key features of micro-macro modelling in sociology as well as recent progress in this field. The chapters address core features of explanations of social phenomena using micro-macro models, the problem of cooperation, heterogeneity of actors, structural balance, opinion formation, segregation, and problems of micro-macro models that are based on rational choice assumptions. Moreover, the contributions show how different research methods can be applied fruitfully, such as laboratory experiments, equilibrium analysis, and agent-based modelling. As a result, the book can be a guide for graduate students who want to develop their skills in building micro-macro models. In addition, the book provides specialists of the different substantive research areas with up-to-date new developments in their research area. This book was originally published as a special issue of Journal of Mathematical Sociology.
Micro-Macro Links and Microfoundations
Micro-Macro Links and Microfoundations in Sociology RPD
Author: Vincent Buskens
Publisher:
ISBN: 9781138818279
Category : Sociology
Languages : en
Pages : 0
Book Description
Micro-Macro Links and Microfoundations in Sociology highlights recent developments in using micro-macro modelling to understand sociological phenomena. It includes contributions in substantive areas such as cooperation, social networks, and social segregation. This book was originally published as a special issue of Journal of Mathematical Sociology.
Publisher:
ISBN: 9781138818279
Category : Sociology
Languages : en
Pages : 0
Book Description
Micro-Macro Links and Microfoundations in Sociology highlights recent developments in using micro-macro modelling to understand sociological phenomena. It includes contributions in substantive areas such as cooperation, social networks, and social segregation. This book was originally published as a special issue of Journal of Mathematical Sociology.
The Micro-macro Link
Author: Jeffrey C. Alexander
Publisher: Univ of California Press
ISBN: 9780520060685
Category : Social Science
Languages : en
Pages : 414
Book Description
The work of fifteen nationally and internationally known theorists in sociology, this volume demonstrates an exciting new trend in sociological thinking. Each essay proposes a link between the two distinguishable traditions of sociological theory--the microscopic, which stresses the self and the interaction among persons, and the macroscopic, which concentrates on the institutional, cultural, and societal levels. Each mode of analysis has had its champions, and the proponents of each have often taken positions of polemic opposition to one another.
Publisher: Univ of California Press
ISBN: 9780520060685
Category : Social Science
Languages : en
Pages : 414
Book Description
The work of fifteen nationally and internationally known theorists in sociology, this volume demonstrates an exciting new trend in sociological thinking. Each essay proposes a link between the two distinguishable traditions of sociological theory--the microscopic, which stresses the self and the interaction among persons, and the macroscopic, which concentrates on the institutional, cultural, and societal levels. Each mode of analysis has had its champions, and the proponents of each have often taken positions of polemic opposition to one another.
Microfoundations of Institutions
Author: Patrick Haack
Publisher: Emerald Group Publishing
ISBN: 178769125X
Category : Self-Help
Languages : en
Pages : 232
Book Description
The notion of microfoundations has received growing interest in neo-institutional theory along with an increasing interest in microfoundational research in disciplines such as strategic management and organizational economics.
Publisher: Emerald Group Publishing
ISBN: 178769125X
Category : Self-Help
Languages : en
Pages : 232
Book Description
The notion of microfoundations has received growing interest in neo-institutional theory along with an increasing interest in microfoundational research in disciplines such as strategic management and organizational economics.
Microfoundations Reconsidered
Author: Pedro Garcia Duarte
Publisher: Edward Elgar Publishing
ISBN: 1781004102
Category : Business & Economics
Languages : en
Pages : 257
Book Description
Most macroeconomists agree that we live in the age of microfoundations. The recent worldwide financial crisis may have emboldened critics of this microfoundational orthodoxy, but it remains the dominant view that macroeconomic models must go beyond supply and demand functions to the level of individual decision-making, taking into account the general dynamic environment where agents live. Microfoundations Reconsidered seeks to reassess how the relationship of micro and macroeconomics evolved over time. The highly regarded contributors to the book argue that the standard narrative of microfoundations is likely to be unreliable. They therefore re-examine the history of the relationship of microeconomics and macroeconomics, starting from their emergence as self-consciously distinct fields within economics in the early 1930s. They seek to go beyond the conventional history that is often told and written by practicing economists. From different perspectives they challenge the association of microfoundations with Robert Lucas and rational expectations and offer both a more complete and a deeper reading of the relationship between micro and macroeconomics. Microfoundations Reconsidered is a valuable addition to the macroeconomic research literature. It is ideally suited to students, scholars, researchers, and practitioners with an interest in macro and microeconomics and the history of economics.
Publisher: Edward Elgar Publishing
ISBN: 1781004102
Category : Business & Economics
Languages : en
Pages : 257
Book Description
Most macroeconomists agree that we live in the age of microfoundations. The recent worldwide financial crisis may have emboldened critics of this microfoundational orthodoxy, but it remains the dominant view that macroeconomic models must go beyond supply and demand functions to the level of individual decision-making, taking into account the general dynamic environment where agents live. Microfoundations Reconsidered seeks to reassess how the relationship of micro and macroeconomics evolved over time. The highly regarded contributors to the book argue that the standard narrative of microfoundations is likely to be unreliable. They therefore re-examine the history of the relationship of microeconomics and macroeconomics, starting from their emergence as self-consciously distinct fields within economics in the early 1930s. They seek to go beyond the conventional history that is often told and written by practicing economists. From different perspectives they challenge the association of microfoundations with Robert Lucas and rational expectations and offer both a more complete and a deeper reading of the relationship between micro and macroeconomics. Microfoundations Reconsidered is a valuable addition to the macroeconomic research literature. It is ideally suited to students, scholars, researchers, and practitioners with an interest in macro and microeconomics and the history of economics.
Microfoundations of Evolutionary Economics
Author: Yoshinori Shiozawa
Publisher: Springer
ISBN: 4431552677
Category : Business & Economics
Languages : en
Pages : 346
Book Description
This book provides for the first time the microfoundations of evolutionary economics, enabling the reader to grasp a new framework for economic analysis that is compatible with evolutionary processes. Any independent approach to economics must include a value theory (or price theory) and price and quantity adjustment processes. Evolutionary economics has rightly and successfully concentrated its efforts on explaining evolutionary processes in technology and institutions. However, it does not have its own value theory and is not capable of explaining the workings of everyday economics processes, in which any evolutionary process would take place. Our point of departure is the addition of myopic agents with severely limited rational and forecasting capacities (in stark contrast to mainstream economics). We show how myopic agents, in a complex world, can produce a stable price system and demonstrate how they can adjust their production to changing demand flows. Agents behave without any knowledge of the overall process, and they generate a stable economy as large as the global network of exchanges. This is the true “miracle” of the market mechanism. In contrast to mainstream general equilibrium theory, this miracle can be explained without the need for an auctioneer or infinitely rational agents. Thanks to this book, evolutionary economics can now claim to be an independent approach to economics that can completely replace mainstream neoclassical economics.
Publisher: Springer
ISBN: 4431552677
Category : Business & Economics
Languages : en
Pages : 346
Book Description
This book provides for the first time the microfoundations of evolutionary economics, enabling the reader to grasp a new framework for economic analysis that is compatible with evolutionary processes. Any independent approach to economics must include a value theory (or price theory) and price and quantity adjustment processes. Evolutionary economics has rightly and successfully concentrated its efforts on explaining evolutionary processes in technology and institutions. However, it does not have its own value theory and is not capable of explaining the workings of everyday economics processes, in which any evolutionary process would take place. Our point of departure is the addition of myopic agents with severely limited rational and forecasting capacities (in stark contrast to mainstream economics). We show how myopic agents, in a complex world, can produce a stable price system and demonstrate how they can adjust their production to changing demand flows. Agents behave without any knowledge of the overall process, and they generate a stable economy as large as the global network of exchanges. This is the true “miracle” of the market mechanism. In contrast to mainstream general equilibrium theory, this miracle can be explained without the need for an auctioneer or infinitely rational agents. Thanks to this book, evolutionary economics can now claim to be an independent approach to economics that can completely replace mainstream neoclassical economics.
The Micro-macro Link
Author: Jeffrey C. Alexander
Publisher: Univ of California Press
ISBN: 9780520057869
Category : Social Science
Languages : en
Pages : 420
Book Description
The work of fifteen nationally and internationally known theorists in sociology, this volume demonstrates an exciting new trend in sociological thinking. Each essay proposes a link between the two distinguishable traditions of sociological theory--the microscopic, which stresses the self and the interaction among persons, and the macroscopic, which concentrates on the institutional, cultural, and societal levels. Each mode of analysis has had its champions, and the proponents of each have often taken positions of polemic opposition to one another.
Publisher: Univ of California Press
ISBN: 9780520057869
Category : Social Science
Languages : en
Pages : 420
Book Description
The work of fifteen nationally and internationally known theorists in sociology, this volume demonstrates an exciting new trend in sociological thinking. Each essay proposes a link between the two distinguishable traditions of sociological theory--the microscopic, which stresses the self and the interaction among persons, and the macroscopic, which concentrates on the institutional, cultural, and societal levels. Each mode of analysis has had its champions, and the proponents of each have often taken positions of polemic opposition to one another.
Consumer Expectations
Author: Richard Thomas Curtin
Publisher: Cambridge University Press
ISBN: 1107004691
Category : Business & Economics
Languages : en
Pages : 365
Book Description
Proposes a new comprehensive theory about how expectations are formed and how they shape the macro economy.
Publisher: Cambridge University Press
ISBN: 1107004691
Category : Business & Economics
Languages : en
Pages : 365
Book Description
Proposes a new comprehensive theory about how expectations are formed and how they shape the macro economy.
Microfoundations and Macroeconomics
Author: Steven Horwitz
Publisher: Routledge
ISBN: 1134642229
Category : Business & Economics
Languages : en
Pages : 288
Book Description
In the past, Austrian economics has been seen as almost exclusively focused on microeconomics. Here,Steven Horwitz constructs a systematic presentation of what Austrian macroeconomics would look like. This original and highly accessible work will be of great value and interest to professional economists and students.
Publisher: Routledge
ISBN: 1134642229
Category : Business & Economics
Languages : en
Pages : 288
Book Description
In the past, Austrian economics has been seen as almost exclusively focused on microeconomics. Here,Steven Horwitz constructs a systematic presentation of what Austrian macroeconomics would look like. This original and highly accessible work will be of great value and interest to professional economists and students.