#ButterflyEconomics | Reviews of Butterfly Economics in English Books| Hashreview

#ButterflyEconomics

Butterfly Economics: A New General Theory of Social and Economic Behavior is a book by Paul Ormerod dealing with economic theory, published in 1999. The author uses a plethora of insect-related metaphors to show that an economy tends to function Read More..

by Paul Ormerod

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Review# tag	ButterflyEconomics
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Hash title	Butterfly Economics
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Description	Butterfly Economics: A New General Theory of Social and Economic Behavior is a book by Paul Ormerod dealing with economic theory, published in 1999. The author uses a plethora of insect-related metaphors to show that an economy tends to function like a living organism and is thus able to learn and to adapt.The theory presented by the book departs from conventional economic wisdom which understands individuals as isolated decision makers who act based on a rational evaluation of sufficient information about cost and benefits of respective choices. Butterfly economics adds interaction to the equation and argues that individuals interact when pursuing their interests, thereby gaining new information, which in turn influences their decision-making.A web program that models ant behavior: Ant Economics Demo (requires Silverlight plugin)
Description	Butterfly Economics: A New General Theory of Social and Economic Behavior is a book by Paul Ormerod dealing with economic theory, published in 1999. The author uses a plethora of insect-related metaphors to show that an economy tends to function like a living organism and is thus able to learn and to adapt.The theory presented by the book departs from conventional economic wisdom which understands individuals as isolated decision makers who act based on a rational evaluation of sufficient information about cost and benefits of respective choices. Butterfly economics adds interaction to the equation and argues that individuals interact when pursuing their interests, thereby gaining new information, which in turn influences their decision-making.A web program that models ant behavior: Ant Economics Demo (requires Silverlight plugin)

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Name	Butterfly Economics: A New General Theory of Social and Economic Behavior
Name
Authors	Paul Ormerod
Authors
Translator
Translator
Genre
Genre
Series
Series
Number in series
Number in series
Language	English
Language
Country	United Kingdom
Country

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Story timeline
Story timeline
Pages	217
Pages
Media_type
Media_type
Isbn	0-571-19005-7
Isbn
Oclc	40624765
Oclc
Publisher	Faber and Faber Limited
Publisher

RELEASE

Pub_date	1998
Pub_date
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Release_date

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