Modeling Dynamic Economic Systems

Economists model the ways in which humans meet their needs using given endowments of resources and technologies.  This book explores the dynamic processes in economic systems, concentrating on the extraction of resources that are required to meet economic needs. Using the STELLA® software, Modeling...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Ruth, Matthias (Autor), Hannon, Bruce (Autor)
Autor Corporativo: SpringerLink (Online service)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York, NY : Springer New York : Imprint: Springer, 2012.
Edición:2nd ed. 2012.
Colección:Modeling Dynamic Systems,
Temas:
Environmental economics.
Environmental monitoring.
Econometrics.
Dynamics.
Nonlinear theories.
Computer science.
Environmental Economics.
Environmental Monitoring.
Quantitative Economics.
Applied Dynamical Systems.
Models of Computation.
Acceso en línea:Texto Completo
Tabla de Contenidos:
  • Foreword
  • Preface
  • Notation
  • Part I: Introduction
  • Modeling Dynamic Systems
  • Disaggregation of Stocks
  • Part II: Methods for Dynamic Modeling
  • System Boundaries in Space and Time
  • Scheduling Flows
  • Positive Feedback in the Economy
  • Derivatives and Lags
  • Part III: Microeconomic Models of Firms
  • Introduction to Modeling Economic Processes
  • Substitution of Inputs in Production
  • Time Value
  • Opportunity Cost
  • The Profit-Maximizing Competitive Firm
  • The Profit-Maximizing Monopoly
  • Monopolistic Collusion
  • Quasi-Competitive Equilibrium
  • Modeling Economic Games
  • Part IV: Modeling Optimal Use of Nonrenewable Resources
  • Competitive Scarcity
  • Competitive Scarcity with Substitution
  • Competitive Scarcity with Cost Dependent on Production Rate and Resource Size
  • Competitive Scarcity with Technical Change
  • Competitive Scarcity with Exploration
  • Monopoly Scarcity
  • Monopoly Scarcity with Variable Interest Rate
  • Monopoly Scarcity with Cost Dependent on Production Rate and Resource Size
  • Part V: Modeling Optimal Use of Renewable Resources
  • Optimal Timber Harvest
  • Managing Open Access Resources
  • Optimal Harvest from Fisheries
  • Spatial Fishery Model
  • Part VI: Chaos in Economic Models
  • Preference Cycles and Chaos
  • Nonmonotonic Demand and Supply Curves
  • Price Expectation and Production Lags
  • Chaos in Macroeconomic Models
  • Part VII: Conclusion
  • Building a Modeling Community
  • References
  • Index.

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