differential equations (ODEs) is the backbone of the theory developed in the book, and chapter 2 offers a detailed review of basic … control-theoretic concepts to the design of economic mechanisms. Appendixes provide a mathematical review and full solutions … also appeal to readers interested in a modeling approach to certain practical problems involving dynamic continuous …

modeling, pattern recognition, and machine learning. It holds that the best explanation, given a limited set of observed data …

process of choice are explicitly embedded. The book focuses on the challenges of modeling bounded rationality, rather than on … substantial economic implications. In the first part of the book, the author considers the modeling of choice. After discussing … some psychological findings, he proceeds to the modeling of procedural rationality, knowledge, memory, the choice of what …