Model Building in Economics

Name: Model Building in Economics
Brand: Cambridge University Press
SKU: 9781107673472
Price: 158.24 PLN
Availability: InStock

Its Purposes and Limitations

Autor: Lawrence A. Boland

Język:

Oprawa: Miękka

Wydawca: Cambridge University Press

Dostępność: Dostępna u dostawcy

Wysyłamy za 10-18 dni

158.24 zł

Concern about the role and the limits of modeling has heightened after repeated questions were raise...

Informacje o książce

Autor

Lawrence A. Boland

Język

Angielski

Oprawa

Książka - Miękka

Data wydania

2014

strony

200

EAN

9781107673472

ISBN

110767347X

Enbook ID

02432083

Wydawca

Cambridge University Press

Waga

408

Wymiary

163 x 229 x 15

Pełny opis

Concern about the role and the limits of modeling has heightened after repeated questions were raised regarding the dependability and suitability of the models that were used in the run-up to the 2008 financial crash. In this book, Lawrence Boland provides an overview of the practices of and the problems faced by model builders to explain the nature of models, the modeling process, and the possibility for and nature of their testing. In a reflective manner, the author raises serious questions about the assumptions and judgments that model builders make in constructing models. In making his case, he examines the traditional microeconomics-macroeconomics separation with regard to how theoretical models are built and used and how they interact, paying particular attention to the use of equilibrium concepts in macroeconomic models and game theory and to the challenges involved in building empirical models, testing models, and using models to test theoretical explanations.

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Model Building in Economics

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Informacje o książce

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