Cover of Economic dynamics

Book 2009

Economic dynamics

Publisher
MIT Press
Language
English
Published
2009
  • Mathematical models
  • Economics
  • Economics, mathematical models
  • Modèles mathématiques
  • Économie politique
  • BUSINESS & ECONOMICS
  • Theory

"Topics covered in detail include nonlinear dynamic systems, finite state Markov chains, stochastic dynamic programming, and stochastic stability and computation of equilibria. The models are predominantly nonlinear, and the emphasis is on studying nonlinear systems in their original form, rather than by means of rudimentary approximation methods such as linearization."--pub. desc.