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This comprehensive work examines important recent developments and modern applications in the fields of optimization, control, game theory, and equilibrium programming. In particular, the concepts of equilibrium and optimality are of immense practical importance affecting decision-making problems regarding policy and strategies, and in understanding and predicting systems in different application domains, ranging from economics and engineering to military applications. The book consists of twenty-nine survey chapters written by distinguished researchers in the above areas.
Equilibrium (Economics) --- Game theory. --- Mathematical optimization. --- Optimization (Mathematics) --- Optimization techniques --- Optimization theory --- Systems optimization --- Mathematical analysis --- Maxima and minima --- Operations research --- Simulation methods --- System analysis --- Games, Theory of --- Theory of games --- Mathematical models --- Mathematics --- DGE (Economics) --- Disequilibrium (Economics) --- DSGE (Economics) --- Dynamic stochastic general equilibrium (Economics) --- Economic equilibrium --- General equilibrium (Economics) --- Partial equilibrium (Economics) --- SDGE (Economic theory) --- Economics --- Statics and dynamics (Social sciences) --- Mathematics. --- Optimization. --- Game Theory, Economics, Social and Behav. Sciences. --- Applications of Mathematics. --- Math --- Science --- Applied mathematics. --- Engineering mathematics. --- Engineering --- Engineering analysis
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Tanzania's real effective exchange rate (REER) has depreciated sharply since end-2000, reversing the appreciation that took place in the second half of the 1990s. Single-country and panel data estimates, and the external sustainability approach, suggest that Tanzania's REER is currently modestly undervalued relative to its estimated equilibrium level. Looking forward, a modest trend appreciation of the equilibrium REER is expected, consistent with continued high GDP growth and an expected recovery in terms of trade. In addition, capital inflows to Tanzania could be significantly higher than currently expected, to take advantage of Tanzania's natural resources and strong policy framework. If so, these inflows would contribute to an additional appreciation by as much as 20 percent of the equilibrium REER.
Equilibrium (Economics) --- Foreign exchange rates --- Econometric models. --- Exchange rates --- Fixed exchange rates --- Flexible exchange rates --- Floating exchange rates --- Fluctuating exchange rates --- Foreign exchange --- Rates of exchange --- Disequilibrium (Economics) --- Economic equilibrium --- General equilibrium (Economics) --- Partial equilibrium (Economics) --- Rates --- DGE (Economics) --- DSGE (Economics) --- Dynamic stochastic general equilibrium (Economics) --- SDGE (Economic theory) --- Economics --- Statics and dynamics (Social sciences) --- Exports and Imports --- Foreign Exchange --- Current Account Adjustment --- Short-term Capital Movements --- Trade: General --- International Investment --- Long-term Capital Movements --- Currency --- International economics --- Finance --- Real effective exchange rates --- Current account deficits --- Exports --- Foreign direct investment --- Balance of payments --- Investments, Foreign --- Tanzania, United Republic of
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This is a new volume in the Frontiers in Economics & Globalization series. This book deals with a wide-range of trade and development issues in terms of well-known general equilibrium structure. This volume shows how neo-classical models of trade theory can be used to highlight many challenging contemporary global problems. This book is a new volume in the Frontiers in Economics & Globalization series. It deals with a wide-range of trade and development issues. It focuses on neo-classical models of trade theory to highlight the challenges of global trade problems.
International trade --- International economic relations. --- Commercial policy. --- Equilibrium (Economics) --- DGE (Economics) --- Disequilibrium (Economics) --- DSGE (Economics) --- Dynamic stochastic general equilibrium (Economics) --- Economic equilibrium --- General equilibrium (Economics) --- Partial equilibrium (Economics) --- SDGE (Economic theory) --- Economics --- Statics and dynamics (Social sciences) --- Foreign trade policy --- International trade policy --- Trade policy --- Economic policy --- International economic relations --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- International relations --- Economic sanctions --- Econometric models. --- Government policy --- Commercial policy --- Econometric models --- E-books --- Business & Economics --- International trade. --- Economic development. --- International --- Economics. --- Development --- Economic Development. --- Development, Economic --- Economic growth --- Growth, Economic --- Development economics --- Resource curse
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This monograph presents a general equilibrium methodology for microeconomic policy analysis intended to serve as an alternative to the now classical, axiomatic general equilibrium theory as exposited in Debreus Theory of Value(1959) or Arrow and Hahns General Competitive Analysis(1971).The methodology proposed in this monograph does not presume the existence of market equilibrium, accepts the inherent indeterminancy of nonparametric general equlibrium models, and offers effective algorithms for computing counterfactual equilibria in these models.It consists of several essays written over the l
Equilibrium (Economics) --- Data processing. --- DGE (Economics) --- Disequilibrium (Economics) --- DSGE (Economics) --- Dynamic stochastic general equilibrium (Economics) --- Economic equilibrium --- General equilibrium (Economics) --- Partial equilibrium (Economics) --- SDGE (Economic theory) --- Economics --- Statics and dynamics (Social sciences) --- Macroeconomics. --- Economic theory. --- Mathematics. --- Social sciences --- Macroeconomics/Monetary Economics//Financial Economics. --- Economic Theory/Quantitative Economics/Mathematical Methods. --- Game Theory, Economics, Social and Behav. Sciences. --- Operations Research, Management Science. --- Computer Appl. in Social and Behavioral Sciences. --- Math --- Science --- Economic theory --- Political economy --- Economic man --- Game theory. --- Operations research. --- Management science. --- Application software. --- Application computer programs --- Application computer software --- Applications software --- Apps (Computer software) --- Computer software --- Quantitative business analysis --- Management --- Problem solving --- Operations research --- Statistical decision --- Operational analysis --- Operational research --- Industrial engineering --- Management science --- Research --- System theory --- Games, Theory of --- Theory of games --- Mathematical models --- Mathematics --- Econometrics. --- Macroeconomics and Monetary Economics. --- Quantitative Economics. --- Game Theory. --- Operations Research, Management Science . --- Computer Application in Social and Behavioral Sciences. --- Economics, Mathematical --- Statistics
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