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Modeling dynamic economic systems

Author: Matthias Ruth; Bruce Hannon
Publisher: New York : Springer, 2012.
Series: Modeling dynamic systems
Edition/Format:   Print book : English : 2. edView all editions and formats
Summary:
"The CD-ROM contains the run time version of the STELLA II software which is fully compatible with later versions of the software. All these versions of the software are collectively referred to in the text as STELLA"--Title page verso.
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Details

Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Matthias Ruth; Bruce Hannon
ISBN: 9781461422082 1461422086 9781461422099 1461422094
OCLC Number: 785856191
Description: XVII, 326 Seiten : Diagramme.
Contents: 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.
Series Title: Modeling dynamic systems
Responsibility: Matthias Ruth ; Bruce Hannon.

Abstract:

Its models created using STELLA software, this new edition has been updated to facilitate student access. It explores the dynamic processes in economic systems and concentrates on natural resource  Read more...

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<http:\/\/experiment.worldcat.org\/entity\/work\/data\/40922911#Topic\/economie_politique_modeles_mathematiques<\/a>> # \u00C9conomie politique--Mod\u00E8les math\u00E9matiques<\/span>\n\u00A0\u00A0\u00A0\u00A0a \nschema:Intangible<\/a> ;\u00A0\u00A0\u00A0\nschema:name<\/a> \"\u00C9conomie politique--Mod\u00E8les math\u00E9matiques<\/span>\" ;\u00A0\u00A0\u00A0\u00A0.\n\n\n<\/div>\n
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