Economic dynamics

By John Stachurski

Subjects: Statics and dynamics (Social sciences), Statics and dynamics (social sciences), BUSINESS & ECONOMICS, Statique et dynamique (Sciences sociales), Économie politique, Economics, mathematical models, Mathematical models, Modèles mathématiques, Economics, Theory

Description: "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.