Title: New Mathematical Advances in Economic Dynamics (Routledge Library Editions: Econometrics)
Publisher: Routledge
Publication Date: 2018
Language: English
ISBN 10: 0815350562
ISBN 13: 9780815350569
Binding: Hardcover
Condition: Brand New
Weight: 0.57 kilograms

About this title

Synopsis

Originally published in 1985. Mathematical methods and models to facilitate the understanding of the processes of economic dynamics and prediction were refined considerably over the period before this book was written. The field had grown; and many of the techniques involved became extremely complicated. Areas of particular interest include optimal control, non-linear models, game-theoretic approaches, demand analysis and time-series forecasting. This book presents a critical appraisal of developments and identifies potentially productive new directions for research. It synthesises work from mathematics, statistics and economics and includes a thorough analysis of the relationship between system understanding and predictability.

About the Author

David F. Batten, Paul F. Lesse

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