Name: Modeling Aggregate Behavior and Fluctuations in Economics
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Author: Masanao (University of California Aoki
ISBN: 9780521781268

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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.

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Sprog:
Engelsk

ISBN:
9780521781268

Forlag:
Cambridge University Press

Indbinding:
Hardback

Sideantal:
280

Udgivet:
20. december 2001

Størrelse:
159x237x24 mm.

Vægt:
578 g.

Leveringstid: 8-11 hverdage.
Forventet levering: 2. december 2024

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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.

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