Modeling aggregate behavior and fluctuations in economics : stochastic views of interacting agents

Masanao Aoki

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

MoreLess

Year of publication:	2002
Authors:	Aoki, Masanao
Publisher:	New York : Cambridge University Press
Subject:	Stochastischer Prozess \| Stochastic process \| Konjunktur \| Business cycle \| Konsumentenverhalten \| Consumer behaviour \| Dynamische Wirtschaftstheorie \| Economic dynamics \| Wirtschaftswachstum \| Economic growth
Description of contents:	Table of Contents [external.dandelon.com] ; Description [zbmath.org]

Extent:	Online-Ressource (xv, 263 p) 24 cm
Type of publication:	Book / Working Paper
Language:	English
Notes:	Includes bibliographical references (p. 245-252) and indexes Cover; Half-title; Title; Copyright; Dedication; CONTENTS; PREFACE; CHAPTER 1 Overviews; CHAPTER 2 Setting up dynamic models; CHAPTER 3 The master equation; CHAPTER 4 Introductory simple and simplified models; CHAPTER 5 Aggregate dynamics and fluctuations of simple models; CHAPTER 6 Evaluating alternatives; CHAPTER 7 Solving nonstationary master equations; CHAPTER 8 Growth and fluctuations; CHAPTER 9 A new look at the Diamond search model; CHAPTER 10 Interaction patterns and cluster size distributions; CHAPTER 11 Share market with two dominant groups of traders; Appendix; References Author IndexSubject Index Electronic reproduction; Available via World Wide Web
ISBN:	0-521-78126-4 ; 978-0-521-78126-8
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012672607