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Modeling Aggregate Behavior And Fluctuations In Economics

Stochastic Views Of Interacting Agents

by Masanao (University Of California, Los Angeles) Aoki
language: english
Publisher: CAMBRIDGE UNIVERSITY PRESS, December of 2001 ‧
147,35€
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How do a large but finite number of agents interact, and, consequently, what macroeconomic statistical regularities or patterns may evolve? The book examines situations (e.g. fluctuations about equilibria, multiple equilibria and asymmetrical cycles of models) which are caused by model states stochastically moving from one basis of attraction to another.

Modeling Aggregate Behavior And Fluctuations In Economics

Stochastic Views Of Interacting Agents

by Masanao (University Of California, Los Angeles) Aoki

Property Description
ISBN: 9780521781268
Publisher: CAMBRIDGE UNIVERSITY PRESS
Release Date: December of 2001
Language: English
Cover: Hardcover
Pages: 280
Format: Book
Categories: Books in English > Economics, Finance and Accounting > Economy
EAN: 9780521781268