Between Science And Economics – serie

The past few centuries have seen an enormous increase in living standards in many parts of the world and these economies have become more complex than ever before. At the same time, progress in science and technology has reached unprecedented heights, taking us far beyond the wildest dreams of a few generations ago. Questions as to how science, technology and the economy interact are pertinent and important ones, whose partial answers require a view “from across the fence” between disciplines.This book provides an introduction to the vast and varied field of the economics of science. It is a unique blend of an economic perspective on the way science works, what makes scientists tick, and a study of the impact of scientific and technological progress on economies and their growth. Whether it is about the speculative market of ideas or science and technology as engines of the economy, there is something here for economists, engineers and scientists alike.

This practical introduction explains the field of Blockchain Economics, the economic models emerging with the implementation of distributed ledger technology. These models are characterized by three factors: open platform business models, cryptotoken money supplies, and Initial Coin Offerings as a new and official form of financing. The book covers a variety of approaches from a business and academic perspective, ranging from financial theory, complexity, and open innovation networks to behavioral economics, self-determination theory, public policy, and financial inclusion.Unlike existing titles, this book draws on worldwide blockchain industry experts to define the new discipline of Blockchain Economics and provide novel theoretical and conceptual resources for the future of this fast-developing economy. The primer also highlights the wider theme of blockchain as an institutional technology, in that many value transfer interactions might be shifted to automated networks, decreasing the number of human-operated institutions.As well as stimulating further research, and implementation by business innovators and public policy strategists, the book can also be used as a foundational textbook in courses on Blockchain Economics.

Quantum information and contemporary smart network domains are so large and complex as to be beyond the reach of current research approaches. Hence, new theories are needed for their understanding and control. Physics is implicated as smart networks are physical systems comprised of particle-many items interacting and reaching criticality and emergence across volumes of macroscopic and microscopic states. Methods are integrated from statistical physics, information theory, and computer science. Statistical neural field theory and the AdS/CFT correspondence are employed to derive a smart network field theory (SNFT) and a smart network quantum field theory (SNQFT) for the orchestration of smart network systems. Specifically, a smart network field theory (conventional or quantum) is a field theory for the organization of particle-many systems from a characterization, control, criticality, and novelty emergence perspective.This book provides insight as to how quantum information science as a paradigm shift in computing may influence other high-impact digital transformation technologies, such as blockchain and machine learning. Smart networks refer to the idea that the internet is no longer simply a communications network, but rather a computing platform. The trajectory is that of communications networks becoming computing networks (with self-executing code), and perhaps ultimately quantum computing networks. Smart network technologies are conceived as autonomous self-operating computing networks. This includes blockchain economies, deep learning neural networks, autonomous supply chains, self-piloting driving fleets, unmanned aerial vehicles, industrial robotics cloudminds, real-time bidding for advertising, high-frequency trading networks, smart city IoT sensors, and the quantum internet.