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portada Money, Ownership. and Agency: As an Application of Promise Theory
Type
Physical Book
Author
Publisher
Language
English
Pages
292
Format
Paperback
Dimensions
22.9x15.2x1.7 cm
Weight
0.43 kg.
ISBN13
9781696588379
Categories

Money, Ownership. and Agency: As an Application of Promise Theory

Mark Burgess (Author) · Jan A. Bergstra (Author) · Independently Published · Paperback

Money, Ownership. and Agency: As an Application of Promise Theory - Bergstra, Jan A. ; Burgess, Mark

New Book Imported to South Africa
Delivery: 18 Nov - 01 Dec Shipping: 16 to 20 business days.
R 547
R 547

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Synopsis "Money, Ownership. and Agency: As an Application of Promise Theory"

A survey of the elementary functions of money and its invariant representations, alongside the complementary topic of ownership. The book uses the language of Promise Theory to explain the semantics and lifecycle of money in a concise and semi-formal manner, with the goal of reaching a modern probabilistic view of money and economics as a network, independent of philosophical or political treatments as well as models that build on Game Theory. Relativistic notions like value' are distinguished carefully from invariant measures of amount to decouple frequently muddled concepts in the popular literature, and money is distinguished from its many inequivalent representations (i.e. proxy technologies). A key strength of this work lies in the way it exposes money as an interconnection network, which has evolved to communicate intentions and decisions between agents in a network, where prices form a language for information channels that we call markets.This book is aimed at economists, philosophers, and engineers. It introduces readers to the concepts in a practical manner, building on the concept of voluntary cooperation. The book draws on many examples from the real world, with a particular emphasis on semi-formal semantics.'A must read for anyone involved in designing intelligent digital currency.'--Mike Warner (Senior Strategist, San Francisco Federal Reserve)

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