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Learning in Economic Systems with Expectations Feedback

Wenzelburger, Jan (contributor) - 2006

Persistent link: https://www.econbiz.de/10013520573

Big Players and the Economic Theory of Expectations

Koppl, Roger - 2002

Investment and all other economic actions depend on 'subjective' expectations. The problem is how to construct a theory … economics of F.A.Hayek, Koppl gives us such a theory. This includes a theory of 'Big Players', demonstrating that discretionary … economic theory, and connects with many other schools of economics including New Institutional Economics, Constitutional …

Persistent link: https://www.econbiz.de/10012054265

Nonlinearity, Bounded Rationality, and Heterogeneity : Some Aspects of Market Economies as Complex Systems

Onozaki, Tamotsu - 2018

This book pursues a nonlinear approach in considering both chaotic dynamical models and agent-based simulation models of economics, as well as their dynamical behaviors. Three key concepts arising in this context are “nonlinearity,” “bounded rationality” and “heterogeneity,” which...

Persistent link: https://www.econbiz.de/10013341702

Inflation versus Price-Level Targeting : Bayesian Estimation of a Small Open DSGE Model for Switzerland

Heim, Lukas - 2015

Lukas Heim evaluates the performance of a price-level targeting rule compared to that of a standard inflation targeting rule. The comparison is based on a medium-scale DSGE model which has been estimated based on state-of-the-art Bayesian methods. The model for the Swiss economy is an expanded...

Persistent link: https://www.econbiz.de/10012819094

A Beta-return Efficient Portfolio Optimisation Following the CAPM : An Analysis of International Markets and Sectors

Vollmer, Markus - 2015

Investors are trying to generate excess returns through active investment strategies. Since the outbreak of the financial crisis, investors face a situation where increased risks are accompanied by falling key interest rates. An optimal portfolio in terms of risk and return becomes a perpetual...

Persistent link: https://www.econbiz.de/10012819111

Methodological Investigations in Agent-Based Modelling : With Applications for the Social Sciences

Silverman, Eric - 2018

theory, the text provides substantive examples of the application of agent-based models in the field of demography. This work …

Persistent link: https://www.econbiz.de/10012692246

Gestaltung sozialer Versorgung : Ein Planungs- und Steuerungsmodell

Stremlow, Jürgen; Riedweg, Werner; Bürgisser, Herbert - 2019

Dieses Open-Access-Buch erläutert ein Handlungsmodell zur Gestaltung sozialer Versorgung. Das Modell beinhaltet 16 Gestaltungsaufgaben, die sich an den wesentlichen Planungs- und Steuerungsaufgaben sozialer Versorgung und den vier Phasen eines Managementkreislaufes (Analyse,...

Persistent link: https://www.econbiz.de/10012692805

Umweltökonomik : eine anwendungsorientierte Einführung

Sturm, Bodo; Vogt, Carla - 2018 - 2. Auflage

Klimaschutz zu suchen. Die Theorie externer Effekte sowie die Besonderheiten von Umweltgütern werden ausführlich erläutert, ebenso …

Persistent link: https://www.econbiz.de/10012627205

The Economics of the Popular Music Industry

Byun, Chong Hyun Christie - 2016

This Palgrave Pivot uses modeling from microeconomic theory and industrial organization to demonstrate how consumers …

Persistent link: https://www.econbiz.de/10012615670

Disequilibrium Economics : Oligopoly, Trade, and Macrodynamics

Puu, Tönu - 2018

Part I: Introductory Matter -- 1.Utility and Demand -- 2.Elements of Production -- Part II: Models -- 3.Cournot I: Constant Returns -- 4.Cournot II: Returns to Scale and Stability -- Bertrand -- 6.Stackelberg -- 7.Hotelling Duopoly -- 8.Disequilibrium Trade and Pricing of Durable Commodities --...

Persistent link: https://www.econbiz.de/10013256190

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