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Modeling Aggregate Behavior and Fluctuations in Economics

- Stochastic Views of Interacting Agents

av Masanao (University of California Aoki
Modeling Aggregate Behavior and Fluctuations in Economics av Masanao (University of California Aoki
Om Modeling Aggregate Behavior and Fluctuations in Economics

How do a large but finite number of agents interact, and, consequently, what macroeconomic statistical regularities or patterns may evolve? The book examines situations (e.g. fluctuations about equilibria, multiple equilibria and asymmetrical cycles of models) which are caused by model states stochastically moving from one basis of attraction to another.

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  • Språk:
  • Engelska
  • ISBN:
  • 9780521781268
  • Format:
  • Inbunden
  • Sidor:
  • 280
  • Utgiven:
  • 20. december 2001
  • Mått:
  • 159x237x24 mm.
  • Vikt:
  • 578 g.
  Fri leverans
Leveranstid: 2-4 veckor
Förväntad leverans: 10. december 2024

Om Masanao (University of California Aoki

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Beskrivning av Modeling Aggregate Behavior and Fluctuations in Economics

How do a large but finite number of agents interact, and, consequently, what macroeconomic statistical regularities or patterns may evolve? The book examines situations (e.g. fluctuations about equilibria, multiple equilibria and asymmetrical cycles of models) which are caused by model states stochastically moving from one basis of attraction to another.

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