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Books > Business & Economics > Economics > Microeconomics
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Dynamic Economic Problems with Regime Switches (Hardcover, 1st ed. 2021)
Loot Price: R4,050
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Dynamic Economic Problems with Regime Switches (Hardcover, 1st ed. 2021)
Series: Dynamic Modeling and Econometrics in Economics and Finance, 25
Expected to ship within 12 - 17 working days
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This book presents the state of the art in the relatively new field
of dynamic economic modelling with regime switches. The
contributions, written by prominent scholars in the field, focus on
dynamic decision problems with regime changes in underlying
dynamics or objectives. Such changes can be externally driven or
internally induced by decisions. Utilising the most advanced
mathematical methods in optimal control and dynamic game theory,
the authors address a broad range of topics, including capital
accumulation, innovations, financial decisions, population
economics, environmental and resource economics, institutional
change and the dynamics of addiction. Given its scope, the book
will appeal to all scholars interested in mathematical and
quantitative economics.
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