Complexity Hints for Economic Policy (New Economic Windows)

by David Colander (Editor), Massimo Salzano (Editor)

• New

  Hardcover
  2007

  $145.61

  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.