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A defining work of Econophysics, republished for the first time since 1983, Laws of Chaos is an attempt to construct a non-deterministic theoretical framework for the foundations of political economy. It relies on probabilistic and statistical methods of the kind used in the modern foundations of several other sciences, introducing scientific modelling into economics for the first time.
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A defining work of Econophysics, republished for the first time since 1983, Laws of Chaos is an attempt to construct a non-deterministic theoretical framework for the foundations of political economy. It relies on probabilistic and statistical methods of the kind used in the modern foundations of several other sciences, introducing scientific modelling into economics for the first time.