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Complexity Hints for Economic Policy

Language EnglishEnglish
Book Paperback
Book Complexity Hints for Economic Policy David Colander
Libristo code: 09198604
Publishers Springer Verlag, October 2014
This book considers the benefits of complexity, suggesting that economists should become a bit less... Full description
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This book considers the benefits of complexity, suggesting that economists should become a bit less certain in their policy conclusions. A broader range of models would include agent-based models, which use computational power to deal with specification of models that are far beyond analytic solution; and non-linear dynamic stochastic models, many of which are beyond analytic solution, but whose nature can be discovered by a combination of analytics and computer simulations.§

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About the book

Full name Complexity Hints for Economic Policy
Author David Colander, Massimo Salzano
Language English
Binding Book - Paperback
Date of issue 2014
Number of pages 311
EAN 9788847056008
ISBN 8847056004
Libristo code 09198604
Publishers Springer Verlag
Weight 516
Dimensions 155 x 235 x 273

Categories

Economics, Finance, Business & Management > Economics > Economic theory & philosophy
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