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Complexity Hints for Economic Policy

Language EnglishEnglish
Book Hardback
Book Complexity Hints for Economic Policy David Colander
Libristo code: 01966761
Publishers Springer Verlag, February 2007
This book considers the benefits of complexity, suggesting that economists should become a bit less... Full description
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This book considers the benefits of complexity, suggesting that economists should become a bit less certain in their policy conclusions. A broader range of models would include agent-based models, which use computational power to deal with specification of models that are far beyond analytic solution; and non-linear dynamic stochastic models, many of which are beyond analytic solution, but whose nature can be discovered by a combination of analytics and computer simulations.

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About the book

Full name Complexity Hints for Economic Policy
Author David Colander, Massimo Salzano
Language English
Binding Book - Hardback
Date of issue 2007
Number of pages 311
EAN 9788847005334
ISBN 8847005337
Libristo code 01966761
Publishers Springer Verlag
Weight 728
Dimensions 155 x 235 x 23

Categories

Economics, Finance, Business & Management > Finance & accounting > Finance > Public finance & taxation
Mathematics & Science > Physics > Classical mechanics > Dynamics & statics
Economics, Finance, Business & Management > Economics > Economic theory & philosophy
Economics, Finance, Business & Management > Economics > Political economy
Mathematics & Science > Physics > Statistical physics
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