Handbook Of Computational Economics

Author : Cars Hommes,Blake LeBaron
Publisher : Elsevier
Page : 834 pages
File Size : 48,5 Mb
Release : 2018-06-27
Category : Business & Economics
ISBN : 9780444641328

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Heterogeneous Agent Modeling by Cars Hommes,Blake LeBaron Pdf

Handbook of Computational Economics: Heterogeneous Agent Modeling, Volume Four, focuses on heterogeneous agent models, emphasizing recent advances in macroeconomics (including DSGE), finance, empirical validation and experiments, networks and related applications. Capturing the advances made since the publication of Volume Two (Tesfatsion & Judd, 2006), it provides high-level literature with sections devoted to Macroeconomics, Finance, Empirical Validation and Experiments, Networks, and other applications, including Innovation Diffusion in Heterogeneous Populations, Market Design and Electricity Markets, and a final section on Perspectives on Heterogeneity. Helps readers fully understand the dynamic properties of realistically rendered economic systems Emphasizes detailed specifications of structural conditions, institutional arrangements and behavioral dispositions Provides broad assessments that can lead researchers to recognize new synergies and opportunities

Author : Karl Schmedders,Kenneth L. Judd
Publisher : Newnes
Page : 688 pages
File Size : 46,9 Mb
Release : 2013-12-31
Category : Business & Economics
ISBN : 9780080931784

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Handbook of Computational Economics by Karl Schmedders,Kenneth L. Judd Pdf

Handbook of Computational Economics summarizes recent advances in economic thought, revealing some of the potential offered by modern computational methods. With computational power increasing in hardware and algorithms, many economists are closing the gap between economic practice and the frontiers of computational mathematics. In their efforts to accelerate the incorporation of computational power into mainstream research, contributors to this volume update the improvements in algorithms that have sharpened econometric tools, solution methods for dynamic optimization and equilibrium models, and applications to public finance, macroeconomics, and auctions. They also cover the switch to massive parallelism in the creation of more powerful computers, with advances in the development of high-power and high-throughput computing. Much more can be done to expand the value of computational modeling in economics. In conjunction with volume one (1996) and volume two (2006), this volume offers a remarkable picture of the recent development of economics as a science as well as an exciting preview of its future potential. Samples different styles and approaches, reflecting the breadth of computational economics as practiced today Focuses on problems with few well-developed solutions in the literature of other disciplines Emphasizes the potential for increasing the value of computational modeling in economics

Author : Leigh Tesfatsion,Kenneth L. Judd
Publisher : Elsevier
Page : 904 pages
File Size : 55,6 Mb
Release : 2006-05-15
Category : Business & Economics
ISBN : 9780080459875

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Handbook of Computational Economics by Leigh Tesfatsion,Kenneth L. Judd Pdf

The explosive growth in computational power over the past several decades offers new tools and opportunities for economists. This handbook volume surveys recent research on Agent-based Computational Economics (ACE), the computational study of economic processes modeled as dynamic systems of interacting agents. Empirical referents for "agents" in ACE models can range from individuals or social groups with learning capabilities to physical world features with no cognitive function. Topics covered include: learning; empirical validation; network economics; social dynamics; financial markets; innovation and technological change; organizations; market design; automated markets and trading agents; political economy; social-ecological systems; computational laboratory development; and general methodological issues. *Every volume contains contributions from leading researchers *Each Handbook presents an accurate, self-contained survey of a particular topic *The series provides comprehensive and accessible surveys

Author : Hans M. Amann,Leigh Tesfatsion
Publisher : Unknown
Page : 128 pages
File Size : 51,6 Mb
Release : 2006
Category : Electronic
ISBN : OCLC:638194821

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Handbook of Computational Economics by Hans M. Amann,Leigh Tesfatsion Pdf

Author : L. Tesfatsion
Publisher : Unknown
Page : 128 pages
File Size : 43,8 Mb
Release : 2006
Category : Electronic
ISBN : OCLC:986586569

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Handbook of computational economics by L. Tesfatsion Pdf

Author : Mario J. Miranda,Paul L. Fackler
Publisher : MIT Press
Page : 529 pages
File Size : 47,6 Mb
Release : 2004-08-20
Category : Business & Economics
ISBN : 9780262291750

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Applied Computational Economics and Finance by Mario J. Miranda,Paul L. Fackler Pdf

This book presents a variety of computational methods used to solve dynamic problems in economics and finance. It emphasizes practical numerical methods rather than mathematical proofs and focuses on techniques that apply directly to economic analyses. The examples are drawn from a wide range of subspecialties of economics and finance, with particular emphasis on problems in agricultural and resource economics, macroeconomics, and finance. The book also provides an extensive Web-site library of computer utilities and demonstration programs. The book is divided into two parts. The first part develops basic numerical methods, including linear and nonlinear equation methods, complementarity methods, finite-dimensional optimization, numerical integration and differentiation, and function approximation. The second part presents methods for solving dynamic stochastic models in economics and finance, including dynamic programming, rational expectations, and arbitrage pricing models in discrete and continuous time. The book uses MATLAB to illustrate the algorithms and includes a utilities toolbox to help readers develop their own computational economics applications.

Author : L. Tesfatsion
Publisher : Unknown
Page : 128 pages
File Size : 43,5 Mb
Release : 2006
Category : Electronic
ISBN : OCLC:986586569

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Handbook of computational economics by L. Tesfatsion Pdf

Author : Jin-Chuan Duan,Wolfgang Karl Härdle,James E. Gentle
Publisher : Springer Science & Business Media
Page : 804 pages
File Size : 42,6 Mb
Release : 2011-10-25
Category : Business & Economics
ISBN : 3642172547

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Handbook of Computational Finance by Jin-Chuan Duan,Wolfgang Karl Härdle,James E. Gentle Pdf

Any financial asset that is openly traded has a market price. Except for extreme market conditions, market price may be more or less than a “fair” value. Fair value is likely to be some complicated function of the current intrinsic value of tangible or intangible assets underlying the claim and our assessment of the characteristics of the underlying assets with respect to the expected rate of growth, future dividends, volatility, and other relevant market factors. Some of these factors that affect the price can be measured at the time of a transaction with reasonably high accuracy. Most factors, however, relate to expectations about the future and to subjective issues, such as current management, corporate policies and market environment, that could affect the future financial performance of the underlying assets. Models are thus needed to describe the stochastic factors and environment, and their implementations inevitably require computational finance tools.

Author : Harold Kincaid,Don Ross
Publisher : Oxford Handbooks
Page : 689 pages
File Size : 52,7 Mb
Release : 2009-03-26
Category : Business & Economics
ISBN : 9780195189254

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The Oxford Handbook of Philosophy of Economics by Harold Kincaid,Don Ross Pdf

This volume is the first comprehensive, cohesive, and accessible reference source to the philosophy of economics, presenting important new scholarship by top scholars.

Author : David A. Kendrick,P. Ruben Mercado,Hans M. Amman
Publisher : Princeton University Press
Page : 449 pages
File Size : 42,8 Mb
Release : 2011-10-23
Category : Business & Economics
ISBN : 9781400841349

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Computational Economics by David A. Kendrick,P. Ruben Mercado,Hans M. Amman Pdf

The ability to conceptualize an economic problem verbally, to formulate it as a mathematical model, and then represent the mathematics in software so that the model can be solved on a computer is a crucial skill for economists. Computational Economics contains well-known models--and some brand-new ones--designed to help students move from verbal to mathematical to computational representations in economic modeling. The authors' focus, however, is not just on solving the models, but also on developing the ability to modify them to reflect one's interest and point of view. The result is a book that enables students to be creative in developing models that are relevant to the economic problems of their times. Unlike other computational economics textbooks, this book is organized around economic topics, among them macroeconomics, microeconomics, and finance. The authors employ various software systems--including MATLAB, Mathematica, GAMS, the nonlinear programming solver in Excel, and the database systems in Access--to enable students to use the most advantageous system. The book progresses from relatively simple models to more complex ones, and includes appendices on the ins and outs of running each program. The book is intended for use by advanced undergraduates and professional economists and even, as a first exposure to computational economics, by graduate students. Organized by economic topics Progresses from simple to more complex models Includes instructions on numerous software systems Encourages customization and creativity

Author : Shu-Heng Chen,Mak Kaboudan,Ye-Rong Du
Publisher : Oxford University Press
Page : 785 pages
File Size : 50,7 Mb
Release : 2018
Category : Business & Economics
ISBN : 9780199844371

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The Oxford Handbook of Computational Economics and Finance by Shu-Heng Chen,Mak Kaboudan,Ye-Rong Du Pdf

This is an insightful survey of approaches to computational analysis of economics and finance.

Author : Felix Brandt,Vincent Conitzer,Ulle Endriss,Jérôme Lang,Ariel D. Procaccia
Publisher : Cambridge University Press
Page : 553 pages
File Size : 43,5 Mb
Release : 2016-04-25
Category : Business & Economics
ISBN : 9781107060432

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Handbook of Computational Social Choice by Felix Brandt,Vincent Conitzer,Ulle Endriss,Jérôme Lang,Ariel D. Procaccia Pdf

A comprehensive survey of computational aspects of collective decisions for graduate students, researchers, and professionals in computer science and economics.

Author : David A. Belsley,Erricos Kontoghiorghes
Publisher : John Wiley & Sons
Page : 514 pages
File Size : 42,6 Mb
Release : 2009-08-18
Category : Mathematics
ISBN : 9780470748909

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Handbook of Computational Econometrics by David A. Belsley,Erricos Kontoghiorghes Pdf

Handbook of Computational Econometrics examines the state of the art of computational econometrics and provides exemplary studies dealing with computational issues arising from a wide spectrum of econometric fields including such topics as bootstrapping, the evaluation of econometric software, and algorithms for control, optimization, and estimation. Each topic is fully introduced before proceeding to a more in-depth examination of the relevant methodologies and valuable illustrations. This book: Provides self-contained treatments of issues in computational econometrics with illustrations and invaluable bibliographies. Brings together contributions from leading researchers. Develops the techniques needed to carry out computational econometrics. Features network studies, non-parametric estimation, optimization techniques, Bayesian estimation and inference, testing methods, time-series analysis, linear and nonlinear methods, VAR analysis, bootstrapping developments, signal extraction, software history and evaluation. This book will appeal to econometricians, financial statisticians, econometric researchers and students of econometrics at both graduate and advanced undergraduate levels.

Author : Chen, Shu-Heng
Publisher : IGI Global
Page : 318 pages
File Size : 47,7 Mb
Release : 2005-11-30
Category : Business & Economics
ISBN : 9781591406518

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Computational Economics: A Perspective from Computational Intelligence by Chen, Shu-Heng Pdf

"This book identifies the economic as well as financial problems that may be solved efficiently with computational methods and explains why those problems should best be solved with computational methods"--Provided by publisher.

Author : Alexander Kott,Gary Citrenbaum
Publisher : Springer
Page : 0 pages
File Size : 51,5 Mb
Release : 2014-11-20
Category : Computers
ISBN : 1489987274

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Estimating Impact by Alexander Kott,Gary Citrenbaum Pdf

Sociological theories of crime include: theories of strain blame crime on personal stressors; theories of social learning blame crime on its social rewards, and see crime more as an institution in conflict with other institutions rather than as in- vidual deviance; and theories of control look at crime as natural and rewarding, and explore the formation of institutions that control crime. Theorists of corruption generally agree that corruption is an expression of the Patron–Client relationship in which a person with access to resources trades resources with kin and members of the community in exchange for loyalty. Some approaches to modeling crime and corruption do not involve an explicit simulation: rule based systems; Bayesian networks; game theoretic approaches, often based on rational choice theory; and Neoclassical Econometrics, a rational choice-based approach. Simulation-based approaches take into account greater complexities of interacting parts of social phenomena. These include fuzzy cognitive maps and fuzzy rule sets that may incorporate feedback; and agent-based simulation, which can go a step farther by computing new social structures not previously identified in theory. The latter include cognitive agent models, in which agents learn how to perceive their en- ronment and act upon the perceptions of their individual experiences; and reactive agent simulation, which, while less capable than cognitive-agent simulation, is adequate for testing a policy’s effects with existing societal structures. For example, NNL is a cognitive agent model based on the REPAST Simphony toolkit.