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portada Complexity Hints for Economic Policy
Type
Physical Book
Publisher
Language
English
Pages
311
Format
Paperback
Dimensions
23.4 x 15.6 x 1.8 cm
Weight
0.47 kg.
ISBN13
9788847056008

Complexity Hints for Economic Policy

Salzano, Massimo ; Colander, David (Author) · Springer · Paperback

Complexity Hints for Economic Policy - Salzano, Massimo ; Colander, David

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Synopsis "Complexity Hints for Economic Policy"

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.

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