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Titel: New Approaches to Macroeconomic Modeling: ...
Verlag: Cambridge University Press
Zustand: very good
Gently used. Expect delivery in 2-3 weeks. Buchnummer des Verkäufers 9780521482073-3
Inhaltsangabe: 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 nonpairwise externality called field effects, i.e. feedback of aggregate effects on individual agents or agents using state-dependent strategies. Adopting a level of microeconomic description that keeps track of compositions of fractions of agents by "types" or "strategies", time evolution of the microeconomic states is described by (backward) Chapman-Kolmogorov equations.
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