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New Approaches to Macroeconomic Modeling

By: Los Angeles) Aoki Masanao (University of California (Author)

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Ksh 9,100.00

Format: Paperback or Softback

ISBN-13: 9780521637695

Publisher: Cambridge University Press

Publication Date: Feb 13th, 1998

Weight: 472 grams

Dimension: 23.10 x 15.10 x 1.90 cms

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This book contributes substantively to the current state-of-the-art of macroeconomic modeling by providing a method for modeling large collections of heterogeneous agents subject to non-pairwise externality called field effects, i.e. feedback of aggregate effects on individual agents or agents using state-dependent strategies.

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