Complexity Hints for Economic Policy / Najlacnejšie knihy
Complexity Hints for Economic Policy

Code: 01966761

Complexity Hints for Economic Policy

by David Colander, Massimo Salzano

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 ... more

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Book synopsis

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.

Book details

Book category Books in English Economics, finance, business & management Economics Economic theory & philosophy

100.74 €

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