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New Approaches to Macroeconomic Modeling : Evolutionary Stochastic Dynamics, Multiple Equilibria, and Externalities as Field Effects
New Approaches to Macroeconomic Modeling Evolutionary Stochastic Dynamics Multiple Equilibria and Externalities as Field Effects
Author: Masanao Aoki
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 o...  more »
ISBN-13: 9780521637695
ISBN-10: 0521637694
Publication Date: 2/13/1998
Pages: 306
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Publisher: Cambridge University Press
Book Type: Paperback
Other Versions: Hardcover
Members Wishing: 0
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