Nonlinear Dynamical Systems in Economics
Marji . Ed(S): Lines
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Description for Nonlinear Dynamical Systems in Economics
Paperback. Editor(s): Lines, Marji. Series: CISM International Centre for Mechanical Sciences. Num Pages: 238 pages, 90 black & white illustrations, biography. BIC Classification: TG. Category: (P) Professional & Vocational. Dimension: 244 x 170 x 13. Weight in Grams: 399.
Many problems in theoretical economics are mathematically formalized as dynam ical systems of difference and differential equations. In recent years a truly open approach to studying the dynamical behavior of these models has begun to make its way into the mainstream. That is, economists formulate their hypotheses and study the dynamics of the resulting models rather than formulating the dynamics and studying hypotheses that could lead to models with such dynamics. This is a great progress over using linear models, or using nonlinear models with a linear approach, or even squeezing economic models into well-studied nonlinear systems from other fields. ... Read more
Many problems in theoretical economics are mathematically formalized as dynam ical systems of difference and differential equations. In recent years a truly open approach to studying the dynamical behavior of these models has begun to make its way into the mainstream. That is, economists formulate their hypotheses and study the dynamics of the resulting models rather than formulating the dynamics and studying hypotheses that could lead to models with such dynamics. This is a great progress over using linear models, or using nonlinear models with a linear approach, or even squeezing economic models into well-studied nonlinear systems from other fields. ... Read more
Product Details
Format
Paperback
Publication date
2005
Publisher
Springer Verlag GmbH Austria
Number of pages
238
Condition
New
Series
CISM International Centre for Mechanical Sciences
Number of Pages
231
Place of Publication
Vienna, Austria
ISBN
9783211261774
SKU
V9783211261774
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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