Author: Michael B. Devereux
Publisher: Kingston, Ont. : Institute for Economic Research, Queen's University
ISBN:
Category :
Languages : en
Pages : 35
Book Description
Exit and Entry, Increasing Returns to Specialization, and Business Cycles
Author: Michael B. Devereux
Publisher: Kingston, Ont. : Institute for Economic Research, Queen's University
ISBN:
Category :
Languages : en
Pages : 35
Book Description
Publisher: Kingston, Ont. : Institute for Economic Research, Queen's University
ISBN:
Category :
Languages : en
Pages : 35
Book Description
Exit and Entry, Increasing Returns to Specialization and Business Cycles
Author: Michael B. Devereux
Publisher:
ISBN:
Category :
Languages : en
Pages : 35
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 35
Book Description
Product Innovation and the Business Cycle
Author: Boyan Jovanovic
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 50
Book Description
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 50
Book Description
The Canadian Journal of Economics
Author:
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 1370
Book Description
A general interest journal in economics.
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 1370
Book Description
A general interest journal in economics.
The Oxford Handbook of Computational Economics and Finance
Author: Shu-Heng Chen
Publisher: Oxford University Press
ISBN: 0199844380
Category : Business & Economics
Languages : en
Pages : 785
Book Description
The Oxford Handbook of Computational Economics and Finance provides a survey of both the foundations of and recent advances in the frontiers of analysis and action. It is both historically and interdisciplinarily rich and also tightly connected to the rise of digital society. It begins with the conventional view of computational economics, including recent algorithmic development in computing rational expectations, volatility, and general equilibrium. It then moves from traditional computing in economics and finance to recent developments in natural computing, including applications of nature-inspired intelligence, genetic programming, swarm intelligence, and fuzzy logic. Also examined are recent developments of network and agent-based computing in economics. How these approaches are applied is examined in chapters on such subjects as trading robots and automated markets. The last part deals with the epistemology of simulation in its trinity form with the integration of simulation, computation, and dynamics. Distinctive is the focus on natural computationalism and the examination of the implications of intelligent machines for the future of computational economics and finance. Not merely individual robots, but whole integrated systems are extending their "immigration" to the world of Homo sapiens, or symbiogenesis.
Publisher: Oxford University Press
ISBN: 0199844380
Category : Business & Economics
Languages : en
Pages : 785
Book Description
The Oxford Handbook of Computational Economics and Finance provides a survey of both the foundations of and recent advances in the frontiers of analysis and action. It is both historically and interdisciplinarily rich and also tightly connected to the rise of digital society. It begins with the conventional view of computational economics, including recent algorithmic development in computing rational expectations, volatility, and general equilibrium. It then moves from traditional computing in economics and finance to recent developments in natural computing, including applications of nature-inspired intelligence, genetic programming, swarm intelligence, and fuzzy logic. Also examined are recent developments of network and agent-based computing in economics. How these approaches are applied is examined in chapters on such subjects as trading robots and automated markets. The last part deals with the epistemology of simulation in its trinity form with the integration of simulation, computation, and dynamics. Distinctive is the focus on natural computationalism and the examination of the implications of intelligent machines for the future of computational economics and finance. Not merely individual robots, but whole integrated systems are extending their "immigration" to the world of Homo sapiens, or symbiogenesis.
Annales d'économie et de statistique
Author:
Publisher:
ISBN:
Category : Econometrics
Languages : en
Pages : 576
Book Description
Publisher:
ISBN:
Category : Econometrics
Languages : en
Pages : 576
Book Description
ECONOMICS LETTERS
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 950
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 950
Book Description
A Computational Model of Industry Dynamics
Author: Myong-Hun Chang
Publisher: Routledge
ISBN: 1134582773
Category : Business & Economics
Languages : en
Pages : 159
Book Description
The economics literature on industry dynamics contains a wide array of empirical works identifying a set of stylized facts. There have been several attempts at constructing analytical models to explain some of these regularities. These attempts are highly stylized and limited in scope to keep the analyses tractable. A general model of industry evolution capable of generating firm and industry behaviour that can match the data is needed. This book endeavours to explain many well-documented aspects of the evolution of industries over time. It uses an agent-based computational model in which artificial industries are created and grown to maturity in silico. While the firms in the model are assumed to have bounded rationality, they are nevertheless adaptive in the sense that their experience-based R&D efforts allow them to search for improved technologies. Given a technological environment subject to persistent and unexpected external shocks, the computationally generated industry remains in a perennial state of flux. The main objective of this study is to identify patterns that exist in the movements of firms as the industry evolves over time along the steady state in which the measured behaviour of the firms and the industry stochastically fluctuate around steady means. The computational model developed in this book is able to replicate many of the stylized facts from the empirical industrial organization literature, particularly as the facts pertain to the dynamics of firm entry and exit. Furthermore, the model allows examination of cross-industry variations in entry and exit patterns by systematically varying the characteristics of the market and the technological environment within which the computationally generated industry evolves. The model demonstrates that the computational approach based on boundedly rational agents in a dynamic setting can be useful and effective in carrying out both positive and normative economic analysis.
Publisher: Routledge
ISBN: 1134582773
Category : Business & Economics
Languages : en
Pages : 159
Book Description
The economics literature on industry dynamics contains a wide array of empirical works identifying a set of stylized facts. There have been several attempts at constructing analytical models to explain some of these regularities. These attempts are highly stylized and limited in scope to keep the analyses tractable. A general model of industry evolution capable of generating firm and industry behaviour that can match the data is needed. This book endeavours to explain many well-documented aspects of the evolution of industries over time. It uses an agent-based computational model in which artificial industries are created and grown to maturity in silico. While the firms in the model are assumed to have bounded rationality, they are nevertheless adaptive in the sense that their experience-based R&D efforts allow them to search for improved technologies. Given a technological environment subject to persistent and unexpected external shocks, the computationally generated industry remains in a perennial state of flux. The main objective of this study is to identify patterns that exist in the movements of firms as the industry evolves over time along the steady state in which the measured behaviour of the firms and the industry stochastically fluctuate around steady means. The computational model developed in this book is able to replicate many of the stylized facts from the empirical industrial organization literature, particularly as the facts pertain to the dynamics of firm entry and exit. Furthermore, the model allows examination of cross-industry variations in entry and exit patterns by systematically varying the characteristics of the market and the technological environment within which the computationally generated industry evolves. The model demonstrates that the computational approach based on boundedly rational agents in a dynamic setting can be useful and effective in carrying out both positive and normative economic analysis.
Diffusion Lags and Aggregate Fluctuations
Author: Boyan Jovanovic
Publisher:
ISBN:
Category : Diffusion of innovations
Languages : en
Pages : 42
Book Description
Publisher:
ISBN:
Category : Diffusion of innovations
Languages : en
Pages : 42
Book Description
The American Economic Review
Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 1184
Book Description
Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association.
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 1184
Book Description
Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association.