LEADER 04736nam 22006015 450 001 9910254888903321 005 20200702005024.0 010 $a981-10-1521-X 024 7 $a10.1007/978-981-10-1521-2 035 $a(CKB)3710000000870147 035 $a(DE-He213)978-981-10-1521-2 035 $a(MiAaPQ)EBC4694729 035 $a(EXLCZ)993710000000870147 100 $a20160922d2016 u| 0 101 0 $aeng 135 $aurnn|008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aEssays in Economic Dynamics$b[electronic resource] $eTheory, Simulation Analysis, and Methodological Study /$fedited by Akio Matsumoto, Ferenc Szidarovszky, Toichiro Asada 205 $a1st ed. 2016. 210 1$aSingapore :$cSpringer Singapore :$cImprint: Springer,$d2016. 215 $a1 online resource (VIII, 258 p. 79 illus.) 311 $a981-10-1520-1 320 $aIncludes bibliographical references at the end of each chapters. 327 $aSimonian Bounded Rationality and Complex Behavioral Economics -- Different Modeling Approaches for Time Lag in a Monopoly -- Learning in Monopolies with Delayed Price Information -- Hotelling Duopoly Revisited -- Dynamic Oligopoly Model with Production Adjustment and Investment Costs -- A Non-Walrasian Microeconomic Foundation of the ``Profit Principle'' of Investment -- A Stylized Model for Long-run Index Return Dynamics -- The Stability of Normal Equilibrium Point and the Existence of Limit Cycles in a Simple Keynesian Macrodynamic Model of Monetary Policy -- Pathology in the Market Economy: Self-fulfilling Process to Chronic Slump -- Delay Kaldor-Kalecki Model Revisited -- An Alternative Proof of the Theorem of Woodford on the Existence of a Sunspot Equilibrium in a Continuous-Time Model -- Two Time Lags in the Public Sector: Macroeconomic Stability and Complex Behavior -- Liquidity Shock, Animal Spirits and Bank Runs -- Note on Stabilization Policy and Dynamic Inefficiency. 330 $aThis book reflects the state of the art in nonlinear economic dynamics, providing a broad overview of dynamic economic models at different levels. The wide variety of approaches ranges from theoretical and simulation analysis to methodological study. In particular, it examines the local and global asymptotical behavior of both macro- and micro- level mathematical models, theoretically as well as using simulation. It also focuses on systems with one or more time delays for which new methodology has to be developed to investigate their asymptotic properties. The book offers a comprehensive summary of the existing methodology with extensions to the more complex model variants, since considerations on bounded rationality of complex economic behavior provide the foundation underlying choice-theoretic and policy-oriented studies of macro behavior, which impact the real macro economy. It includes 13 chapters addressing traditional models such as monopoly, duopoly and oligopoly in microeconomics and Keynesian, Goodwinian, and Kaldor?Kaleckian models in macroeconomics. Each chapter presents new aspects of these traditional models that have never been seen before. This work renews the past wisdom and reveals tomorrow's knowledge. 606 $aEvolutionary economics 606 $aRegional economics 606 $aSpatial economics 606 $aEconomic theory 606 $aEnvironmental economics 606 $aInstitutional/Evolutionary Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W53010 606 $aRegional/Spatial Science$3https://scigraph.springernature.com/ontologies/product-market-codes/W49000 606 $aEconomic Theory/Quantitative Economics/Mathematical Methods$3https://scigraph.springernature.com/ontologies/product-market-codes/W29000 606 $aEnvironmental Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W48000 615 0$aEvolutionary economics. 615 0$aRegional economics. 615 0$aSpatial economics. 615 0$aEconomic theory. 615 0$aEnvironmental economics. 615 14$aInstitutional/Evolutionary Economics. 615 24$aRegional/Spatial Science. 615 24$aEconomic Theory/Quantitative Economics/Mathematical Methods. 615 24$aEnvironmental Economics. 676 $a330.019 702 $aMatsumoto$b Akio$4edt$4http://id.loc.gov/vocabulary/relators/edt 702 $aSzidarovszky$b Ferenc$4edt$4http://id.loc.gov/vocabulary/relators/edt 702 $aAsada$b Toichiro$4edt$4http://id.loc.gov/vocabulary/relators/edt 906 $aBOOK 912 $a9910254888903321 996 $aEssays in economic dynamics$91295399 997 $aUNINA