The Paradigm of Social Complexity

Complexity Digest

Volume I: An Alternative Way of Understanding Societies and their Economies
Volume II: Computational Models, Validation, and Applications

Gonzalo Castañeda

With the recent developments in computing technologies and the thriving research scene in Complexity Science, economists and other social scientists have become aware of a more flexible and promising alternative for modelling socioeconomic systems; one that, in contrast with neoclassical economics, advocates for the realism of the assumptions, the importance of context and culture, the heterogeneity of agents (individuals or organisations), and the bounded rationality of individuals who behave and learn in multifaceted ways in uncertain environments. The book synthesises an extensive body of work in the field of social complexity and constructs a unifying framework that allows developing concrete applications to important socioeconomic problems. This one-of-a-kind textbook provides a comprehensive panorama for advanced undergraduates and graduate students who want to become familiar with a wide range of issues related…

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