How Long to Read Computable Foundations for Economics

How Long Does it Take to Read Computable Foundations for Economics?

It takes the average reader 8 hours and 39 minutes to read Computable Foundations for Economics by K. Vela Velupillai

Assuming a reading speed of 250 words per minute. Learn more

Description

Computable Foundations for Economics is a unified collection of essays, some of which are published here for the first time and all of which have been updated for this book, on an approach to economic theory from the point of view of algorithmic mathematics. By algorithmic mathematics the author means computability theory and constructive mathematics. This is in contrast to orthodox mathematical economics and game theory, which are formalised with the mathematics of real analysis, underpinned by what is called the ZFC formalism, i.e., set theory with the axiom of choice. This reliance on ordinary real analysis and the ZFC system makes economic theory in its current mathematical mode completely non-algorithmic, which means it is numerically meaningless. The book provides a systematic attempt to dissect and expose the non-algorithmic content of orthodox mathematical economics and game theory and suggests a reformalization on the basis of a strictly rigorous algorithmic mathematics. This removes the current schizophrenia in mathematical economics and game theory, where theory is entirely divorced from algorithmic applicability – for experimental and computational exercises. The chapters demonstrate the uncomputability and non-constructivity of core areas of general equilibrium theory, game theory and recursive macroeconomics. The book also provides a fresh look at the kind of behavioural economics that lies behind Herbert Simon’s work, and resurrects a role for the noble classical traditions of induction and verification, viewed and formalised, now, algorithmically. It will therefore be of particular interest to postgraduate students and researchers in algorithmic economics, game theory and classical behavioural economics.

How long is Computable Foundations for Economics?

Computable Foundations for Economics by K. Vela Velupillai is 513 pages long, and a total of 129,789 words.

This makes it 173% the length of the average book. It also has 159% more words than the average book.

How Long Does it Take to Read Computable Foundations for Economics Aloud?

The average oral reading speed is 183 words per minute. This means it takes 11 hours and 49 minutes to read Computable Foundations for Economics aloud.

What Reading Level is Computable Foundations for Economics?

Computable Foundations for Economics is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Computable Foundations for Economics?

Computable Foundations for Economics by K. Vela Velupillai is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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