书目名称 | Price Dynamics in Equilibrium Models |
副标题 | The Search for Equil |
编辑 | Jan Tuinstra |
视频video | |
丛书名称 | Advances in Computational Economics |
图书封面 |  |
描述 | A long-standing unsolved problem in economic theory is howeconomic equilibria are attained. .Price Dynamics in EquilibriumModels: The. .Search for Equilibrium and the Emergence ofEndogenous Fluctuations. considers a number of adjustment processesin different economic models and investigates their dynamicalbehaviour. Two important themes arising in this context are `boundedrationality‘ and `nonlinear dynamics‘..Important sub-themes of the book are the following: how do boundedlyrational agents interact with their environment and does thisinteraction in some sense lead to rational outcomes (which may or maynot correspond to equilibria)? The second sub-theme deals with theconsequences of the nonlinear dynamical nature of many adjustmentprocesses. The results presented in this volume indicate thatendogenous fluctuations are the rule rather than the exception in thesearch for equilibrium..The book uses the theory of nonlinear dynamics to analyze the dynamicsof the different economic models. Due to the complexity of most of themodels, an important role is played by computational methods. Inparticular, at regular instances the models are analyzed by numericalsimulations and some computer- |
出版日期 | Book 2001 |
关键词 | Monopol; agents; bounded rationality; computer-assisted proof; economic dynamics; equilibrium; nonlinear d |
版次 | 1 |
doi | https://doi.org/10.1007/978-1-4615-1661-3 |
isbn_softcover | 978-1-4613-5665-3 |
isbn_ebook | 978-1-4615-1661-3Series ISSN 0929-130X |
issn_series | 0929-130X |
copyright | Springer Science+Business Media New York 2001 |