New approaches to macroeconomic modeling: evolutionary stochastic dynamics, multiple equilibria, and externalities as field effects
Auteur :
Aoki, Masanao
Éditeur :
Cambridge University Press
ISBN :
9780521637695
Date de publication :
13 févr. 1998
Dimensions :
23,0 x 15,3 x 1,9 cm
Poids :
425 g
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
Grande Bretagne
This book contributes substantively to the current state-of-the-art of macroeconomic modeling by providing a method for modeling large collections of heterogeneous agents subject to non-pairwise externality called field effects, i.e. feedback of aggregate effects on individual agents or agents using state-dependent strategies.