This outstanding collection of William Brock's essays illustrates
the power of dynamic modelling to shed light on the forces for
stability and instability in economic systems. The articles
selected reflect his best work and are indicative both of the type
of policy problem that he finds challenging and the complex
methodology that he uses to solve them. Also included is an
introduction by Brock to his own work, which helps tie together the
main aspects of his research to date. The volume covers: *
stochastic models and optimal growth * financial and macroeconomic
modelling * ecology, mechanism design and regulation * nonlinearity
in economics.
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