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Item Details
| Title:
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COMPLEXITY HINTS FOR ECONOMIC POLICY
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| By: |
Massimo Salzano (Editor), David Colander (Editor) |
| Format: |
Hardback |
| List price:
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£99.99 |
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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: |
8847005337 |
| ISBN 13: |
9788847005334 |
| Publisher: |
SPRINGER VERLAG |
| Pub. date: |
19 February, 2007 |
| Edition: |
2007 ed. |
| Series: |
New Economic Windows |
| Pages: |
311 |
| Description: |
Extends the complexity approach to economics. The volume is divided into four sections: general issues, modeling issues, applications, and policy issues. Each struggles with complicated ideas related to our general theme, and a number of them try out new techniques. |
| Synopsis: |
This book considers the benefits of complexity, suggesting that economists should become a bit less certain in their policy conclusions. A broader range of models would include agent-based models, which use computational power to deal with specification of models that are far beyond analytic solution; and non-linear dynamic stochastic models, many of which are beyond analytic solution, but whose nature can be discovered by a combination of analytics and computer simulations. |
| Illustrations: |
40 Tables, black and white; XXIII, 311 p. |
| Publication: |
Italy |
| Imprint: |
Springer Verlag |
| Returns: |
Returnable |
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