Computational Methods in Economic Dynamics

• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Άλλοι συγγραφείς: Dawid, Herbert (Επιμελητής έκδοσης), Semmler, Willi (Επιμελητής έκδοσης)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Berlin, Heidelberg : Springer Berlin Heidelberg, 2011.
• Σειρά: Dynamic Modeling and Econometrics in Economics and Finance, 13
• Θέματα: Operations research.; Decision making.; Application software.; Economic theory.; Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.; Computer Appl. in Social and Behavioral Sciences.; Operation Research/Decision Theory.
• Φυσική περιγραφή: VIII, 216 p. online resource.
• ISBN: 9783642169434
• ISSN: 1566-0419 ;

This volume is centered around the issue of market design and resulting market dynamics. The economic crisis of 2007-2009 has once again highlighted the importance of a proper design of market protocols and institutional details for economic dynamics and macroeconomics. Papers in this volume capture institutional details of particular markets, behavioral details of agents' decision making as well as spillovers between markets and effects to the macroeconomy. Computational methods are used to replicate and understand market dynamics emerging from interaction of heterogeneous agents, and to develop models that have predictive power for complex market dynamics. Finally treatments of overlapping generations models and differential games with heterogeneous actors are provided.