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Matchmakers and Markets Yi-Cheng Zhang (Professor of Theoretical Physics, Professor of Theoretical Physics, Fribourg University, Switzerland)

Matchmakers and Markets By Yi-Cheng Zhang (Professor of Theoretical Physics, Professor of Theoretical Physics, Fribourg University, Switzerland)

Summary

The book presents a novel theory on current markets. It helps us understand how the information ecology is important to how the markets work, and how our economy functions and evolves. Numerous scenarios and examples allow readers to reflect on their own roles in the economy and give them new tools to analyse social-economic phenomena.

Matchmakers and Markets Summary

Matchmakers and Markets: The Revolutionary Role of Information in the Economy by Yi-Cheng Zhang (Professor of Theoretical Physics, Professor of Theoretical Physics, Fribourg University, Switzerland)

To understand the bewildering complexities of consumer markets and financial markets, you'll need to look beyond traditional textbooks. This book aims to better understanding of current markets through studying the implications of living in an information age. It examines the impacts that information has on how markets function, and presents a novel market theory in which information takes centre stage when analyzing how the economy functions and evolves. It depicts markets with three categories of actors (consumers, businesses, and information intermediaries), and predicts the growing importance of the role of information intermediaries, or 'matchmakers', as facilitators of transactions between consumers and businesses. Matchmakers and Markets will guide readers to reflect on their own role in the economy. It provides numerous scenarios and examples from the real-world economy, enabling readers to ask new questions and draw their own conclusions. The aim of this book is to stimulate the reader's own thinking, whether a consumer on the high street, or an investor on Wall Street, a policy maker in the government armchair, or an entrepreneur dreaming to make the next big thing in the world. This book will stir up discussion and debate as the claims and conclusions move away from mainstream theories.

About Yi-Cheng Zhang (Professor of Theoretical Physics, Professor of Theoretical Physics, Fribourg University, Switzerland)

Yi-Cheng Zhang is a theoretical physicist, educated in China, Austria, Italy, and the US. He has been a physics professor at the Fribourg University in Switzerland for over two decades. He is also the honorary director of Complexity Research Centre of Alibaba. His research interests encompass a wide range of subjects including interdisciplinary sciences, finance, and internet applications in the society.

Table of Contents

Part I: Information and Consumer Markets 1: Magic Pie 2: Matchmakers 3: Personal Assistant 4: Diversification Part II: Finance and Information Markets 5: Financial markets 6: Information markets Part III: Markets and Institutions 7: From markets to the economy 8: Man and the economy 9: Evolving economy 10: Paradigm shift

Additional information

NPB9780198840985
9780198840985
0198840985
Matchmakers and Markets: The Revolutionary Role of Information in the Economy by Yi-Cheng Zhang (Professor of Theoretical Physics, Professor of Theoretical Physics, Fribourg University, Switzerland)
New
Hardback
Oxford University Press
2020-01-30
224
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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