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New Approaches to Macroeconomic Modeling
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New Approaches to Macroeconomic Modeling : Evolutionary Stochastic Dynamics, Multiple Equilibria, and Externalities as Field Effects

Book Details

Format Paperback / Softback
ISBN-10 0521637694
ISBN-13 9780521637695
Publisher Cambridge University Press
Imprint Cambridge University Press
Country of Manufacture GB
Country of Publication GB
Publication Date Feb 13th, 1998
Print length 308 Pages
Weight 472 grams
Dimensions 23.10 x 15.10 x 1.90 cms
Product Classification: Econometrics
Ksh 8,000.00
Manufactured on Demand 0 in stock

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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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