Nonlinearities, Disequilibria and Simulation

Nonlinearities, Disequilibria and Simulation
Author: Kumaraswamy Velupillai
Publisher: Springer
Total Pages: 304
Release: 1992-06-18
Genre: Business & Economics
ISBN: 1349122270

Our analytical heritage in macrodynamics owes a great deal to Ragnar Frisch. The tradition of quantitative methods in economic analysis owes not a little to Frisch, Trygve, Haavelmo and Leif Johansen. These essays pay homage to Thalberg - student, friend, colleague and collaborator of that trio.

Economic Breakthrough and Recovery

Economic Breakthrough and Recovery
Author: Jeffrey R Cornwall
Publisher: Routledge
Total Pages: 321
Release: 2016-09-16
Genre: Business & Economics
ISBN: 1315287234

This study of macroeconomics combines treatment of opposing theories with a presentation of evidence to point the way toward a reconstructed macro research and policy programme.

Economic Breakdown and Recovery

Economic Breakdown and Recovery
Author: John Cornwall
Publisher: M.E. Sharpe
Total Pages: 330
Release: 1994-02-08
Genre: Business & Economics
ISBN: 9780765633071

This is a thoroughly revised and expanded version of an earlier edition. Cornwall builds an economic theory and makes policy recommendations on the central issues of economic growth, full employment, stagnation, inflation, and unemployment all developed within a Post Keynesian framework. The revision carries the analysis through to the present day with the core theme being the challenge of high unemployment as the cost for conventional anti-inflationary policy.

Simulating Social Phenomena

Simulating Social Phenomena
Author: Rosaria Conte
Publisher: Springer Science & Business Media
Total Pages: 516
Release: 2013-06-29
Genre: Business & Economics
ISBN: 3662033666

In this book experts from quite different fields present simulations of social phenomena: economists, sociologists, political scientists, psychologists, cognitive scientists, organisational scientists, decision scientists, geographers, computer scientists, AI and AL scientists, mathematicians and statisticians. They simulate markets, organisations, economic dynamics, coalition formation, the emergence of cooperation and exchange, bargaining, decision making, learning, and adaptation. The history, problems, and perspectives of simulating social phenomena are explicitly discussed.

Computable Economics

Computable Economics
Author: K. Velupillai
Publisher: OUP Oxford
Total Pages: 236
Release: 2000-01-06
Genre: Business & Economics
ISBN: 0191522449

In the field of economic analysis, computability in the formation of economic hypotheses is seen as the way forward. In this book, Professor Velupillai implements a theoretical research program along these lines. Choice theory, learning rational expectations equlibria, the persistence of adaptive behaviour, arithmetical games, aspects of production theory, and economic dynamics are given recursion theoretic (i.e. computable) interpretations. These interpretations lead to new kinds of questions being posed by the economic theorist. In particular, recurison theoretic decision problems replace standard optimisation paradigms in economic analysis. Economic theoretic questions, posed recursion-theoretically, lead to answers that are ambiguous: undecidable choices, uncomputable learning processes, and algorithmically unplayable games become standard answers. Professor Velupillai argues that a recursion theoretic formalisation of economic analysisComputable Economicsmakes the subject intrinsically inductive and computational.

Computable, Constructive & Behavioural Economic Dynamics

Computable, Constructive & Behavioural Economic Dynamics
Author: Stefano Zambelli
Publisher: Routledge
Total Pages: 812
Release: 2010-02-25
Genre: Business & Economics
ISBN: 1135272522

The book contains thirty original articles dealing with important aspects of theoretical as well as applied economic theory. While the principal focus is on: the computational and algorithmic nature of economic dynamics; individual as well as collective decision process and rational behavior, some contributions emphasize also the importance of classical recursion theory and constructive mathematics for dynamical systems, business cycles theories, growth theories, and others are in the area of history of thought, methodology and behavioural economics. The contributors range from Nobel Laureates to the promising new generation of innovative thinkers. This volume is also a Festschrift in honour of Professor Kumaraswamy Vela Velupillai, the founder of Computable Economics, a growing field of research where important results stemming from classical recursion theory and constructive mathematics are applied to economic theory. The aim and hope is to provide new tools for economic modelling. This book will be of particular appeal to postgraduate students and scholars in one or more of the following fields: computable economics, business cycles, macroeconomics, growth theories, methodology, behavioural economics, financial economics, experimental and agent based economics. It might be also of importance to those interested on the general theme of algorithmic foundations for social sciences.

Models as Mediators

Models as Mediators
Author: Mary S. Morgan
Publisher: Cambridge University Press
Total Pages: 420
Release: 1999-10-21
Genre: Business & Economics
ISBN: 9780521655712

Edited collection examining the ways in which models are used in modern science.

Dynamic Analysis in Complex Economic Environments

Dynamic Analysis in Complex Economic Environments
Author: Herbert Dawid
Publisher: Springer Nature
Total Pages: 244
Release: 2020-12-22
Genre: Business & Economics
ISBN: 3030529703

This book analyses decision-making in dynamic economic environments. By applying a wide range of methodological approaches, combining both analytical and computational methods, the contributors examine various aspects of optimal firm behaviour and relevant policy areas. Topics covered include optimal control, dynamic games, economic decision-making, and applications in finance and economics, as well as policy implications in areas such as pollution regulation. This book is dedicated to Christophe Deissenberg, a well-known and distinguished scholar of economic dynamics and computational economics. It appeals to academics in the areas of optimal control, dynamic games and computational economics as well as to decision-makers working in policy domains such as environmental policy.

The Oxford Handbook of Post-Keynesian Economics, Volume 1

The Oxford Handbook of Post-Keynesian Economics, Volume 1
Author: Geoffrey Colin Harcourt
Publisher: Oxford University Press, USA
Total Pages: 637
Release: 2013-07
Genre: Business & Economics
ISBN: 0195390768

These two volumes cover the principal areas to which Post-Keynesian economists have made distinctive contributions. The contents include the significant criticism by Post-Keynesians of mainstream economics, but the emphasis is on positive Post-Keynesian analysis of the economic problems of the modern world and of policies with which to tackle them.

The Oxford Handbook of Post-Keynesian Economics, Volume 1

The Oxford Handbook of Post-Keynesian Economics, Volume 1
Author: G. C. Harcourt
Publisher: Oxford University Press
Total Pages: 637
Release: 2013-08-16
Genre: Business & Economics
ISBN: 0199359296

This two volume Handbook contains chapters on the main areas to which Post-Keynesians have made sustained and important contributions. These include theories of accumulation, distribution, pricing, money and finance, international trade and capital flows, the environment, methodological issues, criticism of mainstream economics and Post-Keynesian policies. The Introduction outlines what is in the two volumes, in the process placing Post-Keynesian procedures and contributions in appropriate contexts.