Stabilization of Financial Markets and Institutions in Light of Behavioural and Evolutionary Economics
Journal Title: "Finanse" Czasopismo Komitetu Nauk o Finansach PAN - Year 2015, Vol 8, Issue 1
Abstract
This article proposes the new methodology for the investigation of fluctuations in the level of financial sector and economy stability in analogy to ongoing research and experiments relating to the stability of natural ecosystems in biology. Pointing out an analogy between the natural evolutionary process and economic processes that force economies and businesses to change, I propose the methodology that adopts some rules governing the stabilization of ecosystems (such as the need for a large variety of organisms at each food chain level) for the purposes of analyses and research conducted to ensure the stabilization of the economy, especially the financial sector.
Authors and Affiliations
Leszek Czarnecki
Keywords
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