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New Approaches To Macroeconomic Modeling

Evolutionary Stochastic Dynamics, Multiple Equilibria, And Externalities As Field Effects

by Masanao (University Of California, Los Angeles) Aoki
language: english
Publisher: CAMBRIDGE UNIVERSITY PRESS, February of 1998 ‧
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This book contributes substantively to the current state-of-the-art of macroeconomic modeling by providing a method for modeling large collections of heterogeneous agents subject to non-pairwise externality called field effects, i.e. feedback of aggregate effects on individual agents or agents using state-dependent strategies.

New Approaches To Macroeconomic Modeling

Evolutionary Stochastic Dynamics, Multiple Equilibria, And Externalities As Field Effects

by Masanao (University Of California, Los Angeles) Aoki

Property Description
ISBN: 9780521637695
Publisher: CAMBRIDGE UNIVERSITY PRESS
Release Date: February of 1998
Language: English
Cover: Softcover
Pages: 308
Format: Book
Categories: Books in English > Economics, Finance and Accounting > Economy
EAN: 9780521637695