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Macroeconomics.
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ISBN: 9781429218870 1429218878 Year: 2010 Publisher: New York Worth


Book
A survey of dynamic games in economics
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ISBN: 9814293032 9789814293037 9786613144188 9814293040 1283144182 9789814293044 Year: 2010 Volume: 1 Publisher: Singapore ; Hackensack, N.J. : World Scientific,

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Abstract

This book provides readers with a comprehensive survey of models of dynamic games in economics, including an extensive coverage of numerous fields of applications. It will also discuss and explain main concepts and techniques used in dynamic games, and inform readers of its major developments while equipping them with tools and ideas that will aid in the formulation of solutions for problems. ""A Survey of Dynamic Games in Economics"" will interest those who wish to study more about the conceptions, approaches and models that are applied in the domain of dynamic games.

The physical foundation of economics : an analytical thermodynamic theory
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ISBN: 9812563237 9786611372941 1281372943 9812703411 9789812703415 9789812563231 9781281372949 Year: 2005 Publisher: New Jersey : World Scientific Pub.,

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All human activities, including mental activities, are governed by physical laws and are essentially thermodynamic processes. However, current economic theories are not established on these foundations. This pioneering book seeks to develop an analytical theory of economics on the foundation of thermodynamic laws. A unified understanding of economic and social phenomena is presented, an understanding that is much simpler than what mainstream economic theory has to offer. Its aim is to revolutionize thinking in economics and transform social sciences into an integral part of the physical and bi

The foundations of economic method : a Popperian perspective
Author:
ISBN: 113888104X 0203428145 1280022639 1134498098 0415267749 0203443780 0429231601 9780203428146 9780415267748 9786610022632 6610022631 1570088241 9781570088247 9781134498093 9781134498048 1134498047 9781134498086 113449808X 9781138881044 Year: 2003 Publisher: London ; New York : Routledge,

The measurement of saving, investment, and wealth
Authors: --- ---
ISBN: 0226484688 9786611431013 128143101X 0226484718 9780226484716 9780226484686 9780226484716 Year: 1989 Publisher: Chicago : University of Chicago Press,

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There is probably no concept other than saving for which U.S. official agencies issue annual estimates that differ by more than a third, as they have done for net household saving, or for which reputable scholars claim that the correct measure is close to ten times the officially published one. Yet despite agreement among economists and policymakers on the importance of this measure, huge inconsistencies persist. Contributors to this volume investigate ways to improve aggregate and sectoral saving and investment estimates and analyze microdata from recent household wealth surveys. They provide analyses of National Income and Product Account (NIPA) and Flow-of-Funds measures and of saving and survey-based wealth estimates. Conceptual and methodological questions are discussed regarding long-term trends in the U.S. wealth inequality, age-wealth profiles, pensions and wealth distribution, and biases in inferences about life-cycle changes in saving and wealth. Some new assessments are offered for investment in human and nonhuman capital, the government contribution to national wealth, NIPA personal and corporate saving, and banking imputation.


Book
Introduction to Computable General Equilibrium Models
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ISBN: 9780521766968 9780521139779 0521766966 0521139775 9780511975004 9786613054593 1139041703 1139042475 1139040936 1139038567 0511975007 1283054590 1139045113 1139036246 1107217644 9781139040938 9781139042475 9781139045117 Year: 2011 Publisher: Cambridge : Cambridge University Press,

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Computable general equilibrium (CGE) models are widely used by governmental organizations and academic institutions to analyze the economy-wide effects of events such as climate change, tax policies and immigration. This book provides a practical, how-to guide to CGE models suitable for use at the undergraduate college level. Its introductory level distinguishes it from other available books and articles on CGE models. The book provides intuitive and graphical explanations of the economic theory that underlies a CGE model and includes many examples and hands-on modeling exercises. It may be used in courses on economics principles, microeconomics, macroeconomics, public finance, environmental economics and international trade and finance, because it shows students the role of theory in a realistic model of an economy. The book is also suitable for courses on general equilibrium models and research methods and for professionals interested in learning how to use CGE models.


Book
Nonlinear models for economic decision processes
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ISBN: 9781848164277 1848164270 9786612759970 1282759973 1848164289 9781848164284 Year: 2010 Publisher: London : Singapore ; Hackensack, NJ : Imperial College Press ; distributed by World Scientific,

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Using models, developed in one branch of science, to describe similar behaviors encountered in a different one, is the essence of a synergetic approach. A wide range of topics has been developed including Agent-based models, econophysics, socio-economic networks, information, bounded rationality and learning in economics, markets as complex adaptive systems - evolutionary economics, multi scale analysis and modeling, nonlinear dynamics and econometrics, physics of risk, statistical and probabilistic methods in economics and finance. This publication concentrates on process behavior of economic


Book
Economic foundations of symmetric programming
Author:
ISBN: 9780521194723 9780521123020 9780511761782 9780511860751 0511860757 0511761783 0521194725 052112302X 0511862059 1282942018 9786612942013 0511859880 0511859015 0511858140 0511857276 Year: 2011 Publisher: Cambridge : Cambridge University Press,

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The search for symmetry is part of the fundamental scientific paradigm in mathematics and physics. Can this be valid also for economics? This book represents an attempt to explore this possibility. The behavior of price-taking producers, monopolists, monopsonists, sectoral market equilibria, behavior under risk and uncertainty, and two-person zero- and non-zero-sum games are analyzed and discussed under the unifying structure called the linear complementarity problem. Furthermore, the equilibrium problem allows for the relaxation of often-stated but unnecessary assumptions. This unifying approach offers the advantage of a better understanding of the structure of economic models. It also introduces the simplest and most elegant algorithm for solving a wide class of problems.

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