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, September of 2004 ‧
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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: 9780521606196
Publisher: CAMBRIDGE UNIVERSITY PRESS
Release Date: September of 2004
Language: English
Cover: Softcover
Pages: 280
Format: Book
Categories: Books in English > Economics, Finance and Accounting > Economy
EAN: 9780521606196