Originally published in 1985. Mathematical methods and models to
facilitate the understanding of the processes of economic dynamics
and prediction were refined considerably over the period before
this book was written. The field had grown; and many of the
techniques involved became extremely complicated. Areas of
particular interest include optimal control, non-linear models,
game-theoretic approaches, demand analysis and time-series
forecasting. This book presents a critical appraisal of
developments and identifies potentially productive new directions
for research. It synthesises work from mathematics, statistics and
economics and includes a thorough analysis of the relationship
between system understanding and predictability.
General
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