New Mathematical Advances in Economic Dynamics

List of contents

Preface 1. Introduction David F. Batten Part 1: Stabilization and Control 2. Feedback and Adaptive Control for Uncertain Dynamical Systems George Leitmann 3. Modelling and Optimal Control of Random Walk Processes in Economics John M. Blatt 4. Stabilization and Optimal Management in the Housing Industry Paul F. Lesse and Janislaw M. Skowronski 5. Modelling the Supply-Demand Dynamics of a Slowly Renewable Resource David F. Batten and Paul F. Lesse Part 2: Differential Games 6. A Competitive Differential Game of Harvesting Uncertain Resources Janislaw M. Skowronski 7. Identification of Stock and System Parameters in a Pareto Harvesting Game of Two Players Glen J. Crouch and Janislaw M. Skowronski Part 3: Dynamic Macroeconomic Models 8. The Solution Procedure for the ORANI Model Explained by a Simple Example Peter B. Dixon 9. Analysis of the Effects of Time Lags and Nonlinearities in a Macroeconomic Model Incorporating the Government Budget Constraint Carl Chiarella Part 4: Time Series Analysis and Econometrics 10. Iterative Fitting of a Time Series Model Bruce D. Craven 11. The State Space Software SARAS Forecasts Better than the Box-Jenkins Method Keshav P. Vishwakarma 12. Electricity Demand Modelling William A. Donnelly

About the author

David F. Batten, Paul F. Lesse

Summary

Originally published in 1985. This book presents a critical appraisal of developments in mathematical methods and models that facilitate the understanding of the processes of economic dynamics and prediction. It includes work from the fields of mathematics, statistics and economics.

Product details

• Authors: David F. (David Batten Passed Away 7.8.20 Batten, David F. Lesse Batten
• Assisted by: David F. Batten (Editor), Batten David F. (Editor), Paul F. Lesse (Editor)
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Paperback / Softback
• Released: 31.07.2019
• EAN: 9780815350576
• ISBN: 978-0-8153-5057-6
• No. of pages: 220
• Series: Routledge Library Editions: Econometrics; Routledge Library Editions: Econometrics
• Subjects: Natural sciences, medicine, IT, technology > Mathematics > Miscellaneous; Business & Economics / General, BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / Economic History, Economic statistics, Applied mathematics, Econometrics and economic statistics