New Mathematical Advances in Economic Dynamics

Business & Finance, Economics, Economic History
Cover of the book New Mathematical Advances in Economic Dynamics by , Taylor and Francis
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Author: ISBN: 9781351141062
Publisher: Taylor and Francis Publication: February 28, 2018
Imprint: Routledge Language: English
Author:
ISBN: 9781351141062
Publisher: Taylor and Francis
Publication: February 28, 2018
Imprint: Routledge
Language: English

Originally published in 1985. Mathematical methods and models to facilitate the understanding of the processes of economic dynamics and prediction were refined considerably over the period before this book was written. The field had grown; and many of the techniques involved became extremely complicated. Areas of particular interest include optimal control, non-linear models, game-theoretic approaches, demand analysis and time-series forecasting. This book presents a critical appraisal of developments and identifies potentially productive new directions for research. It synthesises work from mathematics, statistics and economics and includes a thorough analysis of the relationship between system understanding and predictability.

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Originally published in 1985. Mathematical methods and models to facilitate the understanding of the processes of economic dynamics and prediction were refined considerably over the period before this book was written. The field had grown; and many of the techniques involved became extremely complicated. Areas of particular interest include optimal control, non-linear models, game-theoretic approaches, demand analysis and time-series forecasting. This book presents a critical appraisal of developments and identifies potentially productive new directions for research. It synthesises work from mathematics, statistics and economics and includes a thorough analysis of the relationship between system understanding and predictability.

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