Complex Economic Dynamics An Introduction to Dynamical Systems and Market Mechanisms

Name: Complex Economic Dynamics An Introduction to Dynamical Systems and Market Mechanisms
Price: 20.4 USD
Availability: InStock
ISBN: 9780262041416

ISBN-10: 0262041413

ISBN-13: 9780262041416

Edition: 1994

Authors: Richard H. Day

List price: $12.75

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Description:

Richard Day was one of the first economists to recognize the importance of complex dynamics, or chaos theory, in economics and to systematically explore whether a mathematical existence of such behavior could be established in standard models of economic theory. In these two volumes he shows that, far from being a passing fancy in economic research, complex dynamics emerge naturally at the very heart of the subject. The three parts of Volume I form a logical sequence, although each can be read and understood apart from the others. Part I provides a nontechnical introduction to the basic facts of economic change and the theoretical ideas that describe them. Part II surveys the mathematical…

Book details

List price: $12.75
Copyright year: 1994
Publisher: MIT Press
Publication date: 6/15/1994
Binding: Hardcover
Pages: 334
Size: 6.50" wide x 9.50" long x 1.00" tall
Weight: 1.430
Language: English