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Models of Economic Dynamics: Proceedings of a Workshop held at the IMA, University of Minnesota, Minneapolis, USA, October 24–28, 1983 (Lecture Notes in Economics and Mathematical Systems, 264) - Softcover

 
9783540160984: Models of Economic Dynamics: Proceedings of a Workshop held at the IMA, University of Minnesota, Minneapolis, USA, October 24–28, 1983 (Lecture Notes in Economics and Mathematical Systems, 264)

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During the week of October 24-28, 1983, a group of mathematicians and eco­ nomists met at the Institute for Mathematics and it Applications at the University of Minnesota. The workshop dealt with economic models in which time plays an essential role, and both the description of adjustment to a static equilibrium and the description of equilibrium paths were considered. From a mathematical point of view, discrete dynamical systems and the dynamics of ordi­ nary and partial differential equations played a major role. The conference consisted of lectures by economists and by mathematicians which treated some of the principal ideas of economic dynamics. Donald Saari pro­ vided some discrete dynamical systems background for a paper by Jean-Michel Grandmont on business cycles; the Grandmont paper was a major focus of the Workshop. Daniel Goroff, Jose Scheinkman, Christopher Sims. Neil Wallace. and Michael Woodford discussed the Grandmont paper after its presentation. The ideas of tatonnement were introduced by Leonid Hurwicz and extended by Andreu MasColell and H. Jerome Keisler. Four papers on economic dynamics follow (W. A. Brock, Truman Bewley. W. A. Brock and M. Rothschild and Yieh-Hei Wan). The remaining papers are devoted to issues of quantity and/or price adjustment (William Novshek and Hugo Sonnenschein. Phillipe Artzner. Carl Simon and Hugo Sonnenschein). equilibrium with a continuum of commodities (Larry Jones), and the adjustment of expectations (Lawrence Blume and James Jordan).

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  • PublisherSpringer
  • Publication date1986
  • ISBN 10 3540160981
  • ISBN 13 9783540160984
  • BindingPaperback
  • LanguageEnglish
  • Number of pages221
  • EditorSonnenschein Hugo F.

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9780387160986: Models of economic dynamics: Proceedings of a workshop held at the IMA, University of Minnesota, Minneapolis, USA, October 24-28, 1983 (Lecture notes in economics and mathematical systems)

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Hugo F. Sonnenschein
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ISBN 10: 3540160981 ISBN 13: 9783540160984
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Condition: Very Good. 212 pp., Paperback, faint stain to bottom edge, else very good. - If you are reading this, this item is actually (physically) in our stock and ready for shipment once ordered. We are not bookjackers. Buyer is responsible for any additional duties, taxes, or fees required by recipient's country. Seller Inventory # ZB1180356

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ISBN 10: 3540160981 ISBN 13: 9783540160984
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Gebundene Ausgabe. Condition: Gut. 212 S. Das hier angebotene Buch stammt aus einer teilaufgelösten wissenschaftlichen Bibliothek und trägt die entsprechenden Kennzeichnungen (Rückenschild, Instituts-Stempel.). Buchschnitt und Seitenränder alters-/papierbedingt angebräunt; Der Buchzustand ist ansonsten ordentlich und dem Alter entsprechend gut. TABLE OF CONTENTS Dynamical Systems and Mathematical Economics 1 Donald G. Saari On Endogenous Competitive Business Cycles 25 Oean-Michel Grandmont Commentaries on the Grandmont Paper "Endogenous Competitive Business Cycles" 35 Daniel Goroff 35 Jose A. Scheinkman 36 Christopher Sims 3 7 Nell Wallace 40 Michael Woodford 41 On the Stability of the Tatonnement Approach to Competitive Equilibrium . 45 Leonid Hurwicz Notes on Price and Quantity Tatonnement Dynamics 49 Andreu Mas-Col ell A Price Adjustment Model with Infinitesimal Traders 69 H. Jerome Keisler A Revised Version of Samuel son's Correspondence Principle: Applications of Recent Results on the Asymptotic Stability of Optimal Control to the Problem of Comparing Long-Run Equilibrium 86 W.A. Brock Dynamic Implications of the Form of the Budget Constraint 117 Truman F. Bewley Comparative Statics for Multidimensional Optimal Stopping Problems 124 W.A. Brock and M. Rothschild The Cournot Problem with Bounded Memory Strategies 139 Yieh-Hei Wan Quantity Adjustment in an Arrow-Debreu-McKenzie Type Model 148 William Novshek and Hugo Sonnenschein Convergence of Myopic Firms to Long-Run Equilibrium via the Method of Characteristics 157 Philippe Artzner, Carl P. Simon, and Hugo Sonnenschein Special Problems Arising in the Study of Economies with Infinitely Many Commodities 184 Larry E. Jones Introduction to Expectations Equilibrium 206 Lawrence Blume and James Jordan Sprache: Englisch Gewicht in Gramm: 530. Seller Inventory # 956978

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Condition: BUONO USATO. Lecture notes in economics and mathematical system INGLESE Volume numero 264 appartenente alla collana Lecture notes in Economics and mathematical Systems. Numerosi gli autori che hanno contribuito alla stesura del volume. Copertina leggermente stanca agli angoli, usurata leggermente al dorso, sia alle estremità che sulla lunghezza. Pagine ben salde alla cerniera, con ampio margine, brunite, così come i tagli. Numero pagine 212. Seller Inventory # KED0594

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Taschenbuch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - During the week of October 24-28, 1983, a group of mathematicians and eco nomists met at the Institute for Mathematics and it Applications at the University of Minnesota. The workshop dealt with economic models in which time plays an essential role, and both the description of adjustment to a static equilibrium and the description of equilibrium paths were considered. From a mathematical point of view, discrete dynamical systems and the dynamics of ordi nary and partial differential equations played a major role. The conference consisted of lectures by economists and by mathematicians which treated some of the principal ideas of economic dynamics. Donald Saari pro vided some discrete dynamical systems background for a paper by Jean-Michel Grandmont on business cycles; the Grandmont paper was a major focus of the Workshop. Daniel Goroff, Jose Scheinkman, Christopher Sims. Neil Wallace. and Michael Woodford discussed the Grandmont paper after its presentation. The ideas of tatonnement were introduced by Leonid Hurwicz and extended by Andreu MasColell and H. Jerome Keisler. Four papers on economic dynamics follow (W. A. Brock, Truman Bewley. W. A. Brock and M. Rothschild and Yieh-Hei Wan). The remaining papers are devoted to issues of quantity and/or price adjustment (William Novshek and Hugo Sonnenschein. Phillipe Artzner. Carl Simon and Hugo Sonnenschein). equilibrium with a continuum of commodities (Larry Jones), and the adjustment of expectations (Lawrence Blume and James Jordan). Seller Inventory # 9783540160984

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