This book analyses decision-making in dynamic economic environments. By applying a wide range of methodological approaches, combining both analytical and computational methods, the contributors examine various aspects of optimal firm behaviour and relevant policy areas. Topics covered include...

Chapter 1 Managing, Inducing, and Preventing Regime Shifts: A Review of the Literature -- Chapter 2 Institutional change, education and population growth: lessons from dynamic modelling -- Chapter 3 Poverty Traps and Disaster Insurance in a Bi-Level Decision Framework -- Chapter 4 Rationally...

Chapter 1 “Introduction” by Herbert Dawid and Jasmina Arifovic -- Chapter 2. “Cross-bidding in eBay-like Environments” by Francisco Alvarez and Marcello Sartarelli -- Chapter 3. “Risk–Reward Ratio Optimisation (Revisited)” by Manfred Gilli and Enrico Schumann -- Chapter 4....