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Item Details
| Title:
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COMPUTATIONAL METHODS IN ECONOMIC DYNAMICS
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| By: |
Herbert Dawid (Editor), Willi Semmler (Editor) |
| Format: |
Hardback |
| List price:
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£109.99 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
3642169422 |
| ISBN 13: |
9783642169427 |
| Publisher: |
SPRINGER-VERLAG BERLIN AND HEIDELBERG GMBH & CO. KG |
| Pub. date: |
26 March, 2011 |
| Edition: |
2011 ed. |
| Series: |
Dynamic Modeling and Econometrics in Economics and Finance 13 |
| Pages: |
216 |
| Description: |
Computational Methods in Economic Dynamics focuses on market design and resulting market dynamics. The text covers institutional details of particular markets, behavioral details of agents' decision making, as well as spillovers between markets and effects. |
| Synopsis: |
This volume is centered around the issue of market design and resulting market dynamics. The economic crisis of 2007-2009 has once again highlighted the importance of a proper design of market protocols and institutional details for economic dynamics and macroeconomics. Papers in this volume capture institutional details of particular markets, behavioral details of agents' decision making as well as spillovers between markets and effects to the macroeconomy. Computational methods are used to replicate and understand market dynamics emerging from interaction of heterogeneous agents, and to develop models that have predictive power for complex market dynamics. Finally treatments of overlapping generations models and differential games with heterogeneous actors are provided. |
| Illustrations: |
VIII, 216 p. |
| Publication: |
Germany |
| Imprint: |
Springer-Verlag Berlin and Heidelberg GmbH & Co. K |
| Returns: |
Returnable |
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