Turing’s Economics-- A Birth Centennial Homage

K. Vela Velupillai

No 1224, ASSRU Discussion Papers from ASSRU - Algorithmic Social Science Research Unit

Abstract: In this paper, in homage to Alan Turing’s birth centennial, I try to develop what may be called Turing’s Economics. I characterize the contents of such an ‘economics’ in terms of the conceptual and mathematical tools developed by Alan Turing. It is shown, in more and less detail, how these concepts and tools could be used in core areas of economic theory to raise fundamental queries on claims of computability – and answer them precisely. The conclusion is that the field of Turing’s Economics would – should – contribute to a reorientation of economics in the direction of serious considerations of mathematical epistemology

Keywords: Computability; Problem Solving; Undecidability; Epistemology; Computational economics (search for similar items in EconPapers)
JEL-codes: B41 C63 C65 C68 D58 (search for similar items in EconPapers)
Date: 2012
New Economics Papers: this item is included in nep-cmp, nep-hme and nep-hpe
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Journal Article: Turing's Economics. A Birth Centennial Homage (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:trn:utwpas:1224

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