Complexity hints for economic policy
著者
書誌事項
Complexity hints for economic policy
(New economic windows)
Springer, c2007
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注記
Includes bibliographical references
内容説明・目次
内容説明
This book considers the benefits of complexity, suggesting that economists should become a bit less certain in their policy conclusions. A broader range of models would include agent-based models, which use computational power to deal with specification of models that are far beyond analytic solution; and non-linear dynamic stochastic models, many of which are beyond analytic solution, but whose nature can be discovered by a combination of analytics and computer simulations.
目次
General Issues.- Rationality, learning and complexity: from the Homo economicus to the Homo sapiens.- The Confused State of Complexity Economics: An Ontological Explanation.- Modeling Issues I: Modeling Economic Complexity.- The Complex Problem of Modeling Economic Complexity.- Visual Recurrence Analysis: Application to Economic Time series.- Complexity of Out-of-Equilibrium Play in Tax Evasion Game.- Modeling Issues II: Using Models from Physics to Understand EconomicPhenomena.- A New Stochastic Framework for Macroeconomics: Some Illustrative Examples.- Probability of Traffic Violations and Risk of Crime: A Model of Economic Agent Behavior.- Markov Nets and the NetLab Platform: Application to Continuous Double Auction.- Synchronization in Coupled and Free Chaotic Systems.- Agent Based Models.- Explaining Social and Economic Phenomena by Models with Low or Zero Cognition Agents.- Information and Cooperation in a Simulated Labor Market: A Computational Model for the Evolution of Workers and Firms.- Applications.- Income Inequality, Corruption, and the Non-Observed Economy: A Global Perspective.- Forecasting Inflation with Forecast Combinations: Using Neural Networks in Policy.- Policy Issues.- The Impossibility of an Effective Theory of Policy in a Complex Economy.- Implications of Scaling Laws for Policy-Makers.- Robust Control and Monetary Policy Delegation.
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