New Approaches to Macroeconomic Modeling: Evolutionary Stochastic Dynamics, Multiple Equilibria, and Externalities as Field Effects - Aoki, Masanao (University of California, Los Angeles) - Books - Cambridge University Press - 9780521637695 - February 13, 1998
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New Approaches to Macroeconomic Modeling: Evolutionary Stochastic Dynamics, Multiple Equilibria, and Externalities as Field Effects

Aoki, Masanao (University of California, Los Angeles)

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

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.

308 pages, 9 b/w illus.

Media Books     Paperback Book   (Book with soft cover and glued back)
Released February 13, 1998
ISBN13 9780521637695
Publishers Cambridge University Press
Pages 308
Dimensions 151 × 231 × 19 mm   ·   472 g
Language English  
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