Computation and Complexity in Economic Behavior and Organization

@inproceedings{MOUNT2003ComputationAC,
title={Computation and Complexity in Economic Behavior and Organization},
author={KENNETH R. MOUNT},
year={2003}
}

KENNETH R. MOUNT

Published 2003

More and more, my fellow economists are coming to recognize that all forms of economic activity entail computation. Given the way mathematics has emerged as the preferred language of economic theory, it is perhaps surprising that this aspect of economics has only recently begun to be treated formally. The late emergence of the computational theme in economics may be a consequence of the fact that the notion of computational limits is itself relatively new in mathematics. Gödel and Turing first… CONTINUE READING