Computational Approaches to Economic Problems

✍ Scribed by Christopher F. Baum, Basma Bekdache (auth.), Hans Amman, Berc Rustem, Andrew Whinston (eds.)

• Publisher: Springer US
• Year: 1997
• Tongue: English
• Leaves: 364
• Series: Advances in Computational Economics 6
• Edition: 1
• Category: Library

✦ Synopsis

This volume contains a selection of papers presented at the first conference of the Society for Computational Economics held at ICC Institute, Austin, Texas, May 21-24, 1995.
Twenty-two papers are included in this volume, devoted to applications of computational methods for the empirical analysis of economic and financial systems; the development of computing methodology, including software, related to economics and finance; and the overall impact of developments in computing. The various contributions represented in the volume indicate the growing interest in the topic due to the increased availability of computational concepts and tools and the necessity of analyzing complex decision problems.
The papers in this volume are divided into four sections:

Computational methods in econometrics,

Computational methods in finance,

Computational methods for a social environment and

New computational methods.£/LIST£

✦ Table of Contents

Front Matter....Pages i-xiv
Front Matter....Pages 1-1
Factor-GARCH Modeling of the Treasury Term Structure....Pages 3-16
Analyzing a Small French ECM Model....Pages 17-37
Wavelet Basis Selection for Regression by Cross-Validation....Pages 39-55
Computation and Inference in Semiparametric Efficient Estimation....Pages 57-70
Generating Random Numbers in Mathematica ....Pages 71-77
Linked-Cone Profit Ratio Estimates of U.S. Total Factor Productivity Growth, Using DEA/AR Methods....Pages 79-90
Several Algorithms to Determine Multipliers for Use in Cone-Ratio Envelopment Approaches to Efficiency Evaluations in DEA....Pages 91-109
Front Matter....Pages 111-111
The Estimation of the Heath-Jarrow-Morton Model by Use of Kalman Filtering Techniques....Pages 113-126
Neural Networks for Contingent Claim Pricing via the Galerkin Method....Pages 127-141
Asset Liability Management....Pages 143-159
An Efficient Parallel Implementation of a Lattice Pricing Model....Pages 161-173
Projected Dynamical Systems for International Financial Policy Modeling and Computation....Pages 175-191
Monitoring Active Portfolios Using Statistical Process Control....Pages 193-205
Front Matter....Pages 207-207
Ordering: Human versus Computer....Pages 209-223
Strategic Uncertainty and the Genetic Algorithm Adaptation....Pages 225-236
Fluctuating Benefits and Collective Action....Pages 237-247
A Trade Network Game with Endogenous Partner Selection....Pages 249-269
Learning in a Computable Setting. Applications of Gold’s Inductive Inference Model....Pages 271-288
Front Matter....Pages 289-289
The Range Process in Random Walks: Theoretical Results and Applications....Pages 291-307
Numerical Analysis of a Monetary Overlapping Generation Model....Pages 309-325
Front Matter....Pages 289-289
A Numerical Procedure to Estimate Real Business Cycle Models Using Simulated Annealing....Pages 327-343
Front Matter....Pages 345-345
The Internet: A Future Tragedy of the Commons?....Pages 347-361
The DUALI/DUALPC Software for Optimal Control Models....Pages 363-372
Back Matter....Pages 373-373

✦ Subjects

Economic Theory; Econometrics