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Price Dynamics in Equilibrium Models
Jan Tuinstra
€ 121.99
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Description for Price Dynamics in Equilibrium Models
Paperback. Series: Advances in Computational Economics. Num Pages: 232 pages, biography. BIC Classification: KCH; MB; PB. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 13. Weight in Grams: 391.
A long-standing unsolved problem in economic theory is how economic equilibria are attained. Price Dynamics in Equilibrium Models: The Search for Equilibrium and the Emergence of Endogenous Fluctuations considers a number of adjustment processes in different economic models and investigates their dynamical behaviour. Two important themes arising in this context are `bounded rationality' and `nonlinear dynamics'.
Important sub-themes of the book are the following: how do boundedly rational agents interact with their environment and does this interaction in some sense lead to rational outcomes (which may or may not ... Read more
A long-standing unsolved problem in economic theory is how economic equilibria are attained. Price Dynamics in Equilibrium Models: The Search for Equilibrium and the Emergence of Endogenous Fluctuations considers a number of adjustment processes in different economic models and investigates their dynamical behaviour. Two important themes arising in this context are `bounded rationality' and `nonlinear dynamics'.
Important sub-themes of the book are the following: how do boundedly rational agents interact with their environment and does this interaction in some sense lead to rational outcomes (which may or may not ... Read more
Product Details
Format
Paperback
Publication date
2012
Publisher
Springer-Verlag New York Inc. United States
Number of pages
232
Condition
New
Series
Advances in Computational Economics
Number of Pages
232
Place of Publication
New York, NY, United States
ISBN
9781461356653
SKU
V9781461356653
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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