Reconstructing Macroeconomics: A Perspective from Statistical Physics and Combinatorial Stochastic Processes by Masanao Aoki, Hiroshi Yoshikawa

Japan-Us Center Ufj Bank Monographs on International Financi

Reconstructing Macroeconomics: A Perspective from Statistical Physics and Combinatorial Stochastic Processes

Masanao Aoki, Hiroshi Yoshikawa

354 pages paperback

2 editions

nonfiction business economics mathematics
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The authors treat macroeconomic models as composed of large numbers of micro-units or agents of several types and explicitly discuss stochastic dynamic and combinatorial aspects of interactions among them. In mainstream macroeconomics sound microf...

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