Nonlinear Dynamical Systems in Economics

Language: English

Published by Springer, 2005

321126177X / 9783211261774

Series: Book 264 of 433 - CISM International Centre for Mechanical Sciences

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Druck auf Anfrage Neuware - Printed after ordering - Many problems in theoretical economics are mathematically formalized as dynam ical systems of difference and differential equations. In recent years a truly open approach to studying the dynamical behavior of these models has begun to make its way into the mainstream. That is, economists formulate their hypotheses and study the dynamics of the resulting models rather than formulating the dynamics and studying hypotheses that could lead to models with such dynamics. This is a great progress over using linear models, or using nonlinear models with a linear approach, or even squeezing economic models into well-studied nonlinear systems from other fields. There are today a number of economic journals open to publishing this type of work and some of these have become important. There are several societies which have annual meetings on the subject and participation at these has been growing at a good rate. And of course there are methods and techniques avail able to a more general audience, as well as a greater availability of software for numerical and graphical analysis that makes this type of research even more excit ing. The lecturers for the Advanced School on Nonlinear Dynamical Systems in Economics, who represent a wide selection of the research areas to which the the ory has been applied, agree on the importance of simulations and computer-based analysis. The School emphasized computer applications of models and methods, and all contributors ran computer lab sessions.

Seller Inventory # 9783211261774

Title
Nonlinear Dynamical Systems in Economics
Author
Marji Lines
Publisher
Springer
Publication year
2005
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
321126177X
ISBN 13
9783211261774
Item weight
421 grams
Dimensions
240x170x14 mm
Series
Book 264 of 433: CISM International Centre for Mechanical Sciences

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