Modeling aggregate behavior and fluctuations in economics :
General Material Designation
[Book]
Other Title Information
stochastic views of interacting agents /
First Statement of Responsibility
Masanao Aoki.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
New York :
Name of Publisher, Distributor, etc.
Cambridge University Press,
Date of Publication, Distribution, etc.
2002.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
1 online resource (xv, 263 pages)
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references (pages 245-252) and indexes.
CONTENTS NOTE
Text of Note
Cover; Half-title; Title; Copyright; Dedication; CONTENTS; PREFACE; CHAPTER 1 Overviews; CHAPTER 2 Setting up dynamic models; CHAPTER 3 The master equation; CHAPTER 4 Introductory simple and simplified models; CHAPTER 5 Aggregate dynamics and fluctuations of simple models; CHAPTER 6 Evaluating alternatives; CHAPTER 7 Solving nonstationary master equations; CHAPTER 8 Growth and fluctuations; CHAPTER 9 A new look at the Diamond search model; CHAPTER 10 Interaction patterns and cluster size distributions; CHAPTER 11 Share market with two dominant groups of traders; Appendix; References.
0
SUMMARY OR ABSTRACT
Text of Note
How do a large but finite number of agents interact, and, consequently, what macroeconomic statistical regularities or patterns may evolve? The book examines situations (e.g. fluctuations about equilibria, multiple equilibria and asymmetrical cycles of models) which are caused by model states stochastically moving from one basis of attraction to another.
OTHER EDITION IN ANOTHER MEDIUM
Title
Modeling aggregate behavior and fluctuations in economics.
International Standard Book Number
0521781264
TOPICAL NAME USED AS SUBJECT
Business cycles-- Mathematical models.
Consumption (Economics)-- Mathematical models.
Demand (Economic theory)-- Mathematical models.
Statics and dynamics (Social sciences)-- Mathematical models.
Stochastic processes-- Mathematical models.
Supply and demand-- Mathematical models.
BUSINESS & ECONOMICS-- Economics-- Microeconomics.
Business cycles-- Mathematical models.
Business cycles.
Consumptieve vraag.
Consumption (Economics)-- Mathematical models.
Demand (Economic theory)-- Mathematical models.
Statics and dynamics (Social sciences)-- Mathematical models.