Dynamic Economic Theory
A Viability Approach
Published on 20. May 1997
Book
Hardback
XXVII, 510 pages
978-3-540-62687-9 (ISBN)
Description
This book is intended to provide economists with mathematical tools necessary to handle the concepts of evolution under uncertainty and adaption arising in economics, pursuing the Arrow-Debreu-Hahn legacy. It applies the techniques of viability theory to the study of economic systems evolving under contingent uncertainty, faced with scarcity constraints, and obeying various implementation of the inertia principle. The book illustrates how new tools can be used to move from static analysis, built on concepts of optima, equilibria and attractors to a contingent dynamic framework.
More details
Series
Language
English
Place of publication
Heidelberg
Germany
Publishing group
Springer Berlin
Target group
College/higher education
Professional and scholarly
Illustrations
23
23 s/w Abbildungen
31 figures, 3 tables
Dimensions
Height: 23.5 cm
Width: 15.5 cm
Weight
915 gr
ISBN-13
978-3-540-62687-9 (9783540626879)
DOI
10.1007/978-3-642-60756-1
Schweitzer Classification
Other editions
Additional editions
Book
11/2013
Springer
€53.49
Shipment within 7-9 days
Content
Evolutionary Perspective.- Decentralized Ecodynamics: a Manifesto.- Other Miscellaneous Illustrations.- Ecodynamics.- Dynamical Resource Allocation.- Dynamical Economies.- Designing Dynamical Economies.- Viability Kernels and Capture Basins.- Bounded Inflation and Heavy Evolution.- Dynamical Inequalities.- Dynamical Games.- The Mathematical Tool Box.- Pseudo-Inverses and Tensor Products.- Set-Valued Analysis.- The Viability and Invariance Theorems.- Optima.- Equilibria.- Stochastic Viability.