Optimization and Chaos (Hardcover, 2000 ed.)

The book begins with an introduction to some of the basic concepts and results on chaotic dynamical systems. Next it turns to a detailed self-contained summary of the literature on discounted dynamic optimization. The first two chapters are of particular pedagogical interest. The volume also brings together a number of outstanding advanced research papers on complex behavior of dynamic economic models. These make it clear that complexity cannot be dismissed as "exceptional" or "pathological" and, for explanation and prediction of economic variables, it is imperative to develop models with special structures suggested by empirical studies. Graduate students in economics will find the book valuable for an introduction to optimization and chaos. Specialists will find new directions to explore themes like robustness of chaotic behavior and the role of discounting in generating cycles and complexity.

General

Imprint:	Springer-Verlag
Country of origin:	Germany
Series:	Studies in Economic Theory, 11
Release date:	May 2000
First published:	2000
Authors:	Mukul Majumdar • Tapan Mitra • Kazuo Nishimura
Dimensions:	235 x 155 x 25mm (L x W x T)
Format:	Hardcover
Pages:	454
Edition:	2000 ed.
ISBN-13:	978-3-540-67030-8
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Science & Mathematics > Mathematics > Optimization > General Books > Science & Mathematics > Mathematics > Applied mathematics > Chaos theory Promotions
LSN:	3-540-67030-0
Barcode:	9783540670308

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