It is shown that for a 'complex economy', characterised in terms of a formal dynamical system capable of computation universality, it is impossible to devise an effective theory of policy.
The Impossibility of an Effective Theory of Policy in a Complex Economy / Velupillai, K. Vela. - ELETTRONICO. - (2005), pp. 1-25.
The Impossibility of an Effective Theory of Policy in a Complex Economy
Velupillai, K. Vela
2005-01-01
Abstract
It is shown that for a 'complex economy', characterised in terms of a formal dynamical system capable of computation universality, it is impossible to devise an effective theory of policy.File in questo prodotto:
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