The approach to many problems in economic analysis has changed drastically with the development and dissemination of new and more efficient computational techniques. Computational Economic Systems: Models, Methods & Econometrics presents a selection of papers illustrating the use of new computational methods and computing techniques to solve economic problems.
Part I of the volume consists of papers which focus on modelling economic systems, presenting computational methods to investigate the evolution of behavior of economic agents, techniques to solve complex inventory models on a parallel computer and an original approach for the construction and solution of multicriteria models involving logical conditions.
Contributions to Part II concern new computational approaches to economic problems. We find an application of wavelets to outlier detection. New estimation algorithms are presented, one concerning seemingly related regression models, a second one on nonlinear rational expectation models and a third one dealing with switching GARCH estimation. Three contributions contain original approaches for the solution of nonlinear rational expectation models.
Part I of the volume consists of papers which focus on modelling economic systems, presenting computational methods to investigate the evolution of behavior of economic agents, techniques to solve complex inventory models on a parallel computer and an original approach for the construction and solution of multicriteria models involving logical conditions.
Contributions to Part II concern new computational approaches to economic problems. We find an application of wavelets to outlier detection. New estimation algorithms are presented, one concerning seemingly related regression models, a second one on nonlinear rational expectation models and a third one dealing with switching GARCH estimation. Three contributions contain original approaches for the solution of nonlinear rational expectation models.
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One: Modeling Computational Economic Systems.- Evolutionary Games and Genetic Algorithms.- The Emergency and Evolution of Self-Organized Coalitions.- Smart Systems and Simple Agents: Industry Pricing by Parallel and Genetic Strategies.- A Distributed Parallel Genetic Algorithm: An Application from Economic Dynamics.- Multi-Item Stochastic Inventory Models with Constraints and their Parallel Computation.- Building and Solving Multicriteria Models Involving Logical Conditions.- Two: Computational Methods in Econometrics.- Wavelets in Econometrics: An Application to Outlier Testing.- Linear Versus Nonlinear Information Processing: A Look at Neutral Networks.- Solving Triangular Seemingly Unrelated Regression Equations Models on Massively Parallel Systems.- Maximum Likelihood Estimation of Nonlinear Rational Expectations Models by Orthogonal Polynomial Projection Methods.- Structural Breaks and GARCH Modelling.- Block Distributed Methods for Solving Multicountry Econometric Models.- Efficient Solution of Linear Equations Arising in a Nonlinear Economic Model.- Solving Path-dependent Rational Expectations Models Using the Fair-Taylor Method.- Author Index.
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Produktdetaljer
ISBN
9789048146550
Publisert
2010-12-15
Utgiver
Vendor
Springer
Høyde
235 mm
Bredde
155 mm
Aldersnivå
Research, P, 06
Språk
Product language
Engelsk
Format
Product format
Heftet
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