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Observers and Macroeconomic Systems: Computation of Policy Trajectories with Separate Model Based Control (Advances in Computational Economics)
Ric D. Herbert
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Description for Observers and Macroeconomic Systems: Computation of Policy Trajectories with Separate Model Based Control (Advances in Computational Economics)
Hardcover. This volume is concerned with the computational aspects of using a control-theoretic approach to the analysis of dynamic macroeconomic systems. The focus is on using a separate model for the development of the control policies. Series: Advances in Computational Economics. Num Pages: 309 pages, biography. BIC Classification: KCB; PBW. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 242 x 160 x 26. Weight in Grams: 622. Computation of Policy Trajectories with Separate Model Based Control. Series: Advances in Computational Economics. 333 pages, 9 black & white illustrations. This volume is concerned with the computational aspects of using a control-theoretic approach to the analysis of dynamic macroeconomic systems. The focus is on using a separate model for the development of the control policies. Cateogry: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. BIC Classification: KCB; PBW. Dimension: 242 x 160 x 26. Weight: 622.
Observers and Macroeconomic Systems is concerned with the computational aspects of using a control-theoretic approach to the analysis of dynamic macroeconomic systems. The focus is on using a separate model for the development of the control policies. In particular, it uses the observer-based approach whereby the separate model learns to behave in a similar manner to the economic system through output-injections.
The book shows how this approach can be used to learn the forward-looking behaviour of economic actors which is a distinguishing feature of dynamic macroeconomic models. It also ... Read more
Observers and Macroeconomic Systems is concerned with the computational aspects of using a control-theoretic approach to the analysis of dynamic macroeconomic systems. The focus is on using a separate model for the development of the control policies. In particular, it uses the observer-based approach whereby the separate model learns to behave in a similar manner to the economic system through output-injections.
The book shows how this approach can be used to learn the forward-looking behaviour of economic actors which is a distinguishing feature of dynamic macroeconomic models. It also ... Read more
Product Details
Format
Hardback
Publication date
1998
Publisher
Springer
Number of pages
333
Condition
New
Series
Advances in Computational Economics
Number of Pages
309
Place of Publication
Dordrecht, Netherlands
ISBN
9780792382393
SKU
V9780792382393
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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