Economic and Financial Market Behaviour

This book explores the interplay between financial markets, economic systems, and society. Through introducing the concept of autopoiesis, based on the newly conceived Autopoietic Market Hypothesis, ideas of evolution are applied to financial markets to highlights the ways in which economic systems change as they are subject to social selection. By placing this perspective on financial markets, economic development and flows are seen as part of a living system that is influenced by social and political trends. Ideas of integral utility, the logical model of autopoietic financial markets, economic fitness, and the mutation of economic markets are also discussed.

This book presents a new and distinctive perspective on financial markets and economic systems. It will be of interest to students, researchers, and policymakers working within financial economics.

Presents a broad definition of economic systems that includes evolutionary and environmental factors Combines economic theory with scientific ideas to provide a new perspective on financial market development Highlights synergy between economic systems and the social and living world

Autorentext

Emil Dinga is an Economist at the Romanian Academy. Camelia Oprean-Stan is an Economist at Lucian Blaga University of Sibiu. Cristina Roxana T n sescu is an Economist at Lucian Blaga University of Sibiu. Vasile Br tian is an Economist at Lucian Blaga University of Sibiu. Gabriela-Mariana Ionescu is an Economist at the Romanian Academy.

Inhalt

1. Social Selection in the Financial Market.- 2. Economic models and financial fitness.- 3. Autopoietic Market Hypothesis.- 4. Autopoiesis a propaedeutic.- 5. Designing of the autopoietic economic model for financial markets.