Models Of Economic Systems
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Models of Economic Systems
Author | : Arnold H. Packer |
Publsiher | : MIT Press (MA) |
Total Pages | : 264 |
Release | : 1972 |
Genre | : Business & Economics |
ISBN | : UOM:39015003646380 |
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This book at once introduces the entire area of adaptive modeling and precisely defines a new decision-making procedure for developing and using models of large, complex socioeconomic systems.
Modeling Dynamic Economic Systems
Author | : Matthias Ruth,Bruce Hannon |
Publsiher | : Springer Science & Business Media |
Total Pages | : 324 |
Release | : 2012-02-09 |
Genre | : Business & Economics |
ISBN | : 9781461422082 |
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This book explores the dynamic processes in economic systems, concentrating on the extraction and use of the natural resources required to meet economic needs. Sections cover methods for dynamic modeling in economics, microeconomic models of firms, modeling optimal use of both nonrenewable and renewable resources, and chaos in economic models. This book does not require a substantial background in mathematics or computer science.
Comparative Economic Systems
![Comparative Economic Systems](https://youbookinc.com/wp-content/themes/schema-lite/cover.jpg)
Author | : Morris Bornstein |
Publsiher | : Unknown |
Total Pages | : 452 |
Release | : 1969 |
Genre | : Comparative economics |
ISBN | : OCLC:252904961 |
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Comparative Economic Systems Models and Cases
Author | : Morris Bornstein |
Publsiher | : Homewood, Ill : R. D. Irwin |
Total Pages | : 554 |
Release | : 1974 |
Genre | : Business & Economics |
ISBN | : UOM:39015000904774 |
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Network Theory and Agent Based Modeling in Economics and Finance
Author | : Anindya S. Chakrabarti,Lukáš Pichl,Taisei Kaizoji |
Publsiher | : Springer Nature |
Total Pages | : 458 |
Release | : 2019-10-23 |
Genre | : Business & Economics |
ISBN | : 9789811383199 |
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This book presents the latest findings on network theory and agent-based modeling of economic and financial phenomena. In this context, the economy is depicted as a complex system consisting of heterogeneous agents that interact through evolving networks; the aggregate behavior of the economy arises out of billions of small-scale interactions that take place via countless economic agents. The book focuses on analytical modeling, and on the econometric and statistical analysis of the properties emerging from microscopic interactions. In particular, it highlights the latest empirical and theoretical advances, helping readers understand economic and financial networks, as well as new work on modeling behavior using rich, agent-based frameworks. Innovatively, the book combines observational and theoretical insights in the form of networks and agent-based models, both of which have proved to be extremely valuable in understanding non-linear and evolving complex systems. Given its scope, the book will capture the interest of graduate students and researchers from various disciplines (e.g. economics, computer science, physics, and applied mathematics) whose work involves the domain of complexity theory.
Complex Systems Modeling and Simulation in Economics and Finance
Author | : Shu-Heng Chen,Ying-Fang Kao,Ragupathy Venkatachalam,Ye-Rong Du |
Publsiher | : Springer |
Total Pages | : 307 |
Release | : 2018-11-20 |
Genre | : Business & Economics |
ISBN | : 9783319996240 |
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This title brings together frontier research on complex economic systems, heterogeneous interacting agents, bounded rationality, and nonlinear dynamics in economics. The book contains the proceedings of the CEF2015 (21st Computing in Economics in Finance), held 20-22 June 2015 in Taipei, Taiwan, and addresses some of the important driving forces for various emergent properties in economies, when viewed as complex systems. The breakthroughs reported in this book are a result of an interdisciplinary approach and simulation remains the unifying theme for these papers as they deal with a wide range of topics in economics. The text is a valuable addition to the efforts in promoting the complex systems view in economic science. The computational experiments reported in the book are both transparent and replicable. Complex System Modeling and Simulation in Economics and Finance is useful for graduate courses of complex systems, with particular focus on economics and finance. At the same time it serves as a good overview for researchers who are interested in the topic.
Feedback Economics
Author | : Robert Y. Cavana,Brian C. Dangerfield,Oleg V. Pavlov,Michael J. Radzicki,I. David Wheat |
Publsiher | : Springer Nature |
Total Pages | : 593 |
Release | : 2021-06-30 |
Genre | : Business & Economics |
ISBN | : 9783030671907 |
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This book approaches economic problems from a systems thinking and feedback perspective. By introducing system dynamics methods (including qualitative and quantitative techniques) and computer simulation models, the respective contributions apply feedback analysis and dynamic simulation modeling to important local, national, and global economics issues and concerns. Topics covered include: an introduction to macro modeling using a system dynamics framework; a system dynamics translation of the Phillips machine; a re-examination of classical economic theories from a feedback perspective; analyses of important social, ecological, and resource issues; the development of a biophysical economics module for global modelling; contributions to monetary and financial economics; analyses of macroeconomic growth, income distribution and alternative theories of well-being; and a re-examination of scenario macro modeling. The contributions also examine the philosophical differences between the economics and system dynamics communities in an effort to bridge existing gaps and compare methods. Many models and other supporting information are provided as online supplementary files. Consequently, the book appeals to students and scholars in economics, as well as to practitioners and policy analysts interested in using systems thinking and system dynamics modeling to understand and improve economic systems around the world. "Clearly, there is much space for more collaboration between the advocates of post-Keynesian economics and system dynamics! More generally, I would like to recommend this book to all scholars and practitioners interested in exploring the interface and synergies between economics, system dynamics, and feedback thinking." Comments in the Foreword by Marc Lavoie, Emeritus Professor, University of Ottawa and University of Sorbonne Paris Nord
Computer Simulation Experiments with Models of Economic Systems
Author | : Thomas H. Naylor,James M. Boughton |
Publsiher | : John Wiley & Sons |
Total Pages | : 528 |
Release | : 1971 |
Genre | : Business & Economics |
ISBN | : WISC:89048112189 |
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Describes methodology for formulation of various economic models and scientific management models, and covers validation, experimental design, data analysis of variance, sequential sampling, spectral analysis, variance reduction, statistical analysis, rules governing sample sizes, simulation languages, etc.