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The Economic Philosophy of the Internet of Things

About The Economic Philosophy of the Internet of Things

This book contends that neoclassical approaches to modelling economic behaviour based on optimal control by "representative-agents" are ill-suited to a world typified by concurrency, decentralized control, and interaction. It argues for the development of new, process-based approaches to analysis, modelling and simulation and provides the cont

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  • Language:
  • English
  • ISBN:
  • 9780367589479
  • Binding:
  • Paperback
  • Pages:
  • 246
  • Published:
  • August 13, 2020
  • Dimensions:
  • 156x234x0 mm.
  • Weight:
  • 453 g.
Delivery: 1-2 weeks
Expected delivery: November 28, 2024

Description of The Economic Philosophy of the Internet of Things

This book contends that neoclassical approaches to modelling economic behaviour based on optimal control by "representative-agents" are ill-suited to a world typified by concurrency, decentralized control, and interaction. It argues for the development of new, process-based approaches to analysis, modelling and simulation and provides the cont

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