Dynamics of socio-economic processes

The Dynamics of Socio - Economic Development

This introductory chapter focuses on the concept of development. The low standard of living of the mass of the population in developing countries is singled out as the key issue in development. The development of per capita income over time and the factors that influence economic development or stagnation are important topics in this book. However, the interplay between economic and non-economi...

Socio-economic Aspects of Health-Related Behaviors and Their Dynamics: A Case Study for the Netherlands

Background Previous studies have mostly focused on socio-demographic and health-related determinants of health-related behaviors. Although comprehensive health insurance coverage could discourage individual lifestyle improvement due to the ex-ante moral hazard problem, few studies have examined such effects. This study examines the association of a comprehensive set of factors including socio-d...

Group Dynamics Features and Socio-economic Status of Cocoa Farmers in Ogun State, Nigeria

Group dynamics features are important factors for improving farmers’ socio-economic status. This study focused on the effect of group dynamics features on the socio-economic status of cocoa farmers in Ogun State, Nigeria. A multi-stage sampling technique was used to select 93 cocoa farmers for the study. Descriptive statistics and linear regression were used to analyze the data. Results showed ...

Langevin Processes, Agent Models and Socio-economic Systems Agent Models

We review some approaches to the understanding of fluctuations in some models used to describe socio and economic systems. Our approach builds on the development of a simple Langevin equation that characterises stochastic processes. This provides a unifying approach that allows first a straightforward description of the early approaches of Bachelier. We generalise the approach to stochastic equ...

Dynamics of Socio-Economic Systems: Attractors, Rationality and Meaning