Models of Economic Dynamics : Proceedings of a Workshop held at the IMA, University of Minnesota, Minneapolis, USA, October 24-28, 1983

Language: English

Published by Springer, 1986

3540160981 / 9783540160984

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Druck auf Anfrage Neuware - Printed after ordering - During the week of October 24-28, 1983, a group of mathematicians and eco nomists met at the Institute for Mathematics and it Applications at the University of Minnesota. The workshop dealt with economic models in which time plays an essential role, and both the description of adjustment to a static equilibrium and the description of equilibrium paths were considered. From a mathematical point of view, discrete dynamical systems and the dynamics of ordi nary and partial differential equations played a major role. The conference consisted of lectures by economists and by mathematicians which treated some of the principal ideas of economic dynamics. Donald Saari pro vided some discrete dynamical systems background for a paper by Jean-Michel Grandmont on business cycles; the Grandmont paper was a major focus of the Workshop. Daniel Goroff, Jose Scheinkman, Christopher Sims. Neil Wallace. and Michael Woodford discussed the Grandmont paper after its presentation. The ideas of tatonnement were introduced by Leonid Hurwicz and extended by Andreu MasColell and H. Jerome Keisler. Four papers on economic dynamics follow (W. A. Brock, Truman Bewley. W. A. Brock and M. Rothschild and Yieh-Hei Wan). The remaining papers are devoted to issues of quantity and/or price adjustment (William Novshek and Hugo Sonnenschein. Phillipe Artzner. Carl Simon and Hugo Sonnenschein). equilibrium with a continuum of commodities (Larry Jones), and the adjustment of expectations (Lawrence Blume and James Jordan).…

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Title
Models of Economic Dynamics : Proceedings of a Workshop held at the IMA, University of Minnesota, Minneapolis, USA, October 24-28, 1983
Author
Hugo F. Sonnenschein
Publisher
Springer
Publication year
1986
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3540160981
ISBN 13
9783540160984
Item weight
558 grams
Dimensions
279x210x13 mm

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