Modeling Aggregate Behavior and Fluctuations in Economics: Stochastic Views of Interacting Agents - Aoki, Masanao (University of California, Los Angeles) - Books - Cambridge University Press - 9780521606196 - September 9, 2004
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Aoki, Masanao (University of California, Los Angeles)
Modeling Aggregate Behavior and Fluctuations in Economics: Stochastic Views of Interacting Agents

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How do a large but finite number of agents interact, and, consequently, what macroeconomic statistical regularities or patterns may evolve? The book examines situations (e.g. fluctuations about equilibria, multiple equilibria and asymmetrical cycles of models) which are caused by model states stochastically moving from one basis of attraction to another.

280 pages, black & white illustrations, black & white tables

Media Books     Paperback Book   (Book with soft cover and glued back)
Released September 9, 2004
ISBN13 9780521606196
Publishers Cambridge University Press
Pages 280
Dimensions 152 × 229 × 15 mm   ·   430 g
Language English  

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