Computational Methods in Economic Dynamics

Herbert Dawid (u. a.)

ISBN 10: 3642169422 / ISBN 13: 9783642169427

Published by Springer, 2011

About this Item

Computational Methods in Economic Dynamics | Herbert Dawid (u. a.) | Buch | viii | Englisch | 2011 | Springer | EAN 9783642169427 | Verantwortliche Person für die EU: Springer Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg, juergen[dot]hartmann[at]springer[dot]com | Anbieter: preigu Print on Demand.

Seller Inventory # 107169441

Bibliographic Details

• Title: Computational Methods in Economic Dynamics
• Publisher: Springer
• Publication Date: 2011
• Language: English
• ISBN 10: 3642169422
• ISBN 13: 9783642169427
• Binding: Buch
• Condition: Neu
• Dimensions: 237W x 171H x 19D millimeters 237 millimeters width by 171 millimeters height by 19 millimeters depth
• Weight: 484 grams
• Seller catalogs:
  • Bücher

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.