Complexity Hints for Economic Policy, Hardback Book

Complexity Hints for Economic Policy Hardback

Edited by Massimo Salzano, David Colander

Part of the New Economic Windows series

Description

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.

Information

  • Format: Hardback
  • Pages: 311 pages, 40 Tables, black and white; XXIII, 311 p.
  • Publisher: Springer Verlag
  • Publication Date:
  • Category: Economic theory & philosophy
  • ISBN: 9788847005334

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