Buchdetails
Format
Taschenbuch
Seiten
336
Sprache
Englisch
Veröffentlicht
Oct 30, 2014
Verlag
Springer
ISBN-10
8847056004
ISBN-13
9788847056008
Beschreibung
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.
Genres
Natur