Computational Methods in Economic Dynamics

Herbert Dawid

ISBN 10: 3642267521 / ISBN 13: 9783642267529

Published by Springer, Berlin, Springer Berlin Heidelberg, Springer, 2013

About this Item

Druck auf Anfrage Neuware - Printed after ordering - 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.

Seller Inventory # 9783642267529

Bibliographic Details

• Title: Computational Methods in Economic Dynamics
• Publisher: Springer, Berlin, Springer Berlin Heidelberg, Springer
• Publication Date: 2013
• Language: English
• ISBN 10: 3642267521
• ISBN 13: 9783642267529
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 236W x 154H x 14D millimeters 236 millimeters width by 154 millimeters height by 14 millimeters depth
• Weight: 347 grams

About this title

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.