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<P>This book offers a unified, comprehensive, and up-to-date treatment of analytical and numerical tools for solving dynamic economic problems. The focus is on introducing recursive methods -- an important part of every economist's set of tools -- and
A unified and comprehensive introduction to the analytical and numerical tools for solving dynamic economic problems; substantially revised for the second edition. This book offers a unified, comprehensive, and up-to-date treatment of analytical and numerical tools for solving dynamic economic pr
Economic behavior is inherently dynamic. While things change continuously over time, much of economic analysis is based on discrete time, such as a month, quarter or a year reflecting the periodic nature of data-collecting and decision-making. <P>This book introduces and develops the techniques
This new book will be welcomed by econometricians and students of econometrics everywhere. Introducing discrete time modelling techniques and bridging the gap between economics and econometric literature, this ambitious book is sure to be an invaluable resource for all those to whom the terms unit r
<p><i>Discrete-Time and Discrete-Space Dynamical Systems</i> provides a systematic characterization of the similarities and differences of several types of discrete-time and discrete-space dynamical systems, including:<ul><li>Boolean control networks;</li><li>nondeterministic finite-transition syste