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The death of economics
Ormerod, Paul - 1994 - 1. publ.
Persistent link: https://www.econbiz.de/10000881306
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Global recessions as a cascade phenomenon with interacting agents
Ormerod, Paul; Heineike, Amy - In: Journal of economic interaction and coordination : JEIC 4 (2009) 1, pp. 15-26
Persistent link: https://www.econbiz.de/10003840537
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Random matrix theory and the evolution of business cycle synchronisation, 1886 -2006
Ormerod, Paul (contributor) - 2008
matrix may be dominated by noise rather than by true information. Random matrix theory was developed in physics to overcome … in the analysis of financial data... -- International business cycle ; synchronisation ; random matrix theory …
Persistent link: https://www.econbiz.de/10003672212
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Random matrix theory and macro-economic time-series : an illustration using the evolution of business cycle synchronisation, 1886 - 2006
Ormerod, Paul (contributor) - 2008
The aim of this paper is to show that random matrix theory (RMT) can be a useful addition to the economist's tool … may be dominated by noise rather than by true information. Random matrix theory was developed in physics to overcome this …, which RMT enables us to clarify. -- Random matrix theory ; macroeconomic time-series data ; international business cycle …
Persistent link: https://www.econbiz.de/10003746663
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... and the Pursuit of Happiness - Wellbeing and the Role of Government
Bjørnskov, Christian; Boettke, Peter J.; Booth, Philip; … - 2013
In spite of general reductions in government spending, the prime minister has found room in the government's budget to spend money on a major survey of what makes the British people happy. This will be used, in the prime minister’s own words, to guide government policy towards improvement in...
Persistent link: https://www.econbiz.de/10014041700
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Economic modelling with low-cognition agents
Ormerod, Paul - In: Physica A: Statistical Mechanics and its Applications 370 (2006) 1, pp. 60-63
The standard socio-economic model (SSSM) postulates very considerable cognitive powers on the part of its agents. They are able to gather all relevant information in any given situation, and to take the optimal decision on the basis of it, given their tastes and preferences. This behavioural...
Persistent link: https://www.econbiz.de/10010590308
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Economic modelling : current issues and problems in macroeconomic modelling in the UK and the US
Ormerod, Paul (ed.) - 1979
Persistent link: https://www.econbiz.de/10000073805
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[Rezension von: Dopfer, Kurt; Potts, Jason, The general theory of economic evolution]
Ormerod, Paul - In: Journal of economic literature 47 (2009) 1, pp. 173-174
Persistent link: https://www.econbiz.de/10003865641
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Tradition and fashion in consumer choice : bagging the Scottish Munros
Bentley, Alex; Ormerod, Paul - In: Scottish journal of political economy : the journal of … 56 (2009) 3, pp. 371-381
Persistent link: https://www.econbiz.de/10003846819