Jess Benhabib – författare
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How do economists understand and measure normal social phenomena?
Identifying economic strains in activities such as learning, group formation, discrimination, and peer dynamics requires sophisticated data and tools as well as a grasp of prior scholarship. In this volume leading economists provide an authoritative summary of social choice economics, from norms and conventions to the exchange of discrete resources. Including both theoretical and empirical perspectives, their work provides the basis for models that can offer new insights in applied economic analyses.
Reviews the recent approaches that enable economists to separate influences of culture from those caused by economic and institutional environments Explores the recent willingness among economists to consider new arguments in the utility function Presumes that these investigations can eventually be translated into policies
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1 075 kr
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1 640 kr
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In recent years economists have begun to use the techniques of non-linear dynamics to show that some apparently erratic and turbulent economic phenomena reflect subtle underlying patterns. How do cyclic and chaotic dynamics arise in economic models of equilibrium? How can empirical methods be used to detect nonlinearities and cyclic and chaotic structures in economic models? In examining these questions, this book brings together the most significant work that has been done to date in economics-based chaos theory. Selected here particularly for the economist who is not a specialist in chaos theory, the essays, some previously unpublished and others not widely available, describe a new tool for understanding business cycles, stabilization policy, and forecasting. The contributors to the volume are William J. Baumol, Jess Benhabib, Michele Boldrin, William A. Brock, Richard H. Day, Raymond J. Deneckere, Allan Drazen, Jean-Michel Grandmont, Kenneth L. Judd, Bruno Jullien, Guy Laroque, Blake LeBaron, Bruce McNevin, Luigi Montrucchio, Salih Nefti, Kazuo Nishimura, James B. Ramsey, Pietro Reichlin, Philip Rothman, Chera L. Sayers, Jos A. Scheinkman, Wayne Shafer, William Whitesell, Edward N. Wolff, and Michael Woodford.