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New Mathematical Advances in Economic Dynamics by David F. Batten, Paul F. Lesse

New Mathematical Advances in Economic Dynamics

by David F. Batten , Paul F. Lesse
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Book cover type: Hardcover
  • ISBN13: 9780815350569
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Routledge
  • Publisher Imprint: Routledge
  • Publication Date:
  • Pages: 220
  • Original Price: GBP 140.0
  • Language: English
  • Edition: 1
  • Item Weight: 404 grams
  • BISAC Subject(s): Economic History

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.

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