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Computational Models in Political Economy - Hardcover

 
9780262112758: Computational Models in Political Economy

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"Paarsch and Hong have done a masterful job bringing together the mathematics, economic theory, econometrics, and computational tools necessary to analyze auction data. The result is an excellent source for both auction specialists and others who want to learn about this important area of research."--Kenneth L. Judd, Hoover Institution, Stanford University

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The use of innovative computational models in political economic research as a complement to traditional analytical methodologies. Researchers are increasingly turning to computational methods to study the dynamic properties of political and economic systems. Politicians, citizens, interest groups, and organizations interact in dynamic, complex environments, and the static models that are predominant in political economy are limited in capturing fundamental features of economic decision making in modern democracies. Computational models-numerical approximations of equilibria and dynamics that cannot be solved analytically-provide useful insight into the behavior of economic agents and the aggregate properties of political systems. They serve as a valuable complement to existing mathematical tools.This book offers some of the latest research on computational political economy. The focus is on theoretical models of traditional problems in the field. Each chapter presents an innovative model of interaction between economic agents. Topics include voting behavior, candidate position taking, special interest group contributions, macroeconomic policy making, and corporate decision making.

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9780262538107: Computational Models in Political Economy (The MIT Press)

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ISBN 10:  0262538105 ISBN 13:  9780262538107
Verlag: MIT Press, 2003
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Verlag: Mit Press, 2003
ISBN 10: 0262112752 ISBN 13: 9780262112758
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Hardcover. Zustand: Good. No Jacket. Missing dust jacket; Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less 1.2. Artikel-Nr. G0262112752I3N01

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