000 01353nam a2200253Ia 4500
999 _c1205
_d1205
003 DE-boiza
005 20191206151015.0
008 191008
020 _a0-262-01277-4
040 _cIZA
100 _aStachurski, John
_93496
245 0 _aEconomic Dynamics: Theory and Computation
260 _c2009
_bMIT Press,
_aCambridge, Mass. [u.a.],
300 _a373 pages
340 _hC6 24 +1
520 _aThe topics covered in the book are fairly similar to those found in “Recursive Methods in Economic Dynamics” by Nancy Stokey and Robert Lucas. While it does not match the vast number of economic models in that text, the treatment of stochastic dynamics and dynamic programming is more up to date, and the text uses programming extensively, both to solve problems and to illustrate ideas. The material is certainly technical, but the book has plenty of intuition and examples. Graduate students of finance and operations research should also find the material useful to them. And researchers in economics will find new techniques for analyzing and simulating random dynamic models.
650 _adynamics
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650 _aeconomics
_9488
650 _amathematical model
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650 _aMarkov chains
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653 _adynamic programming
856 _uhttps://johnstachurski.net/edtc.html
_yAuthor's website
942 _cBO
_2ddc