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Price Dynamics in Equilibrium Models
Jan Tuinstra
€ 127.95
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Description for Price Dynamics in Equilibrium Models
Hardback. A long-standing unsolved problem in economic theory is how economic equilibria are attained. This book considers a number of adjustment processes in different economic models and investigates their dynamical behaviour. It uses the theory of nonlinear dynamics to analyze the dynamics of the different economic models. Series: Advances in Computational Economics. Num Pages: 232 pages, biography. BIC Classification: KCC; PBW. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 234 x 156 x 15. Weight in Grams: 1170.
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
Hardback
Publication date
2000
Publisher
Kluwer Academic Publishers United States
Number of pages
232
Condition
New
Series
Advances in Computational Economics
Number of Pages
232
Place of Publication
Dordrecht, Netherlands
ISBN
9780792372653
SKU
V9780792372653
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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