System-Theoretic Methods in Economic Modelling I

1st Edition

Editors: S. Mittnik
Hardcover ISBN: 9780080372280
eBook ISBN: 9781483296227
Imprint: Pergamon
Published Date: 22nd May 1989
Page Count: 192
72.95 + applicable tax
43.99 + applicable tax
54.95 + applicable tax
Unavailable
Compatible Not compatible
VitalSource PC, Mac, iPhone & iPad Amazon Kindle eReader
ePub & PDF Apple & PC desktop. Mobile devices (Apple & Android) Amazon Kindle eReader
Mobi Amazon Kindle eReader Anything else

Institutional Access


Table of Contents

Preface, S Mittnik. A two-step state space time series modeling method, M Aoki. System theoretic time series: an application to inventories and prices of California range cattle, A M Havenner & K R Criddle. Multivariate time series analysis with state space models, S Mittnik. Optimal forecasting of discrete stock and flow data generated by a higher order continuous time system, A R Bergstrom. Time-varying linear regression via flexible least squares, R Kalaba & L Tesfatsion. Nonstationary time series identification, H-F Chen & L Guo. The coding theorem and ordinary least-squares models in economics, W D O'Neill. The information tableau of a linear allocation model, H Theil & C-F Chung. The prejudices of least squares, principal components and common factors schemes, C A Los. Identification of a linear system from inexact data: a three-variable example, C A Los. A superlinearly convergent constrained min-max algorithm for rival models of the same system, B Rustem. Cost-benefit analysis with switching regimes: an application of the theory of planning, E Sheshinski & M D Intriligator. An integrated system model for fishery management process--I. Model structure, E Tse & A Khilnani. A lattice-theoretic approach to a class of dynamic games, R Amir.

Description

The value of applying system-theoretic concepts to economic modelling problems arises from the fact that it offers a unifying framework for modelling dynamic systems. In addition to offering this powerful conceptual framework, it provides a wide range of tools useful in applied work. System-theoretic techniques enter predominantly two stages of economic modelling efforts: the stage of model construction and the stage of model application in accordance with the modelling. The objective of this and subsequent volumes on System-Theoretic Methods in Economic Modelling I is to initiate and/or intensify dialogues between researchers and practitioners within and across the disciplines involved. This first volume brings together papers exhibiting a wide range of system-theoretic techniques and applications to economic problems. The papers have been divided into two groups, following roughly--but not necessarily--the above classification into the construction and application stages of economic modelling. The papers in the first group focus on the identification of dynamic and static systems, while the papers in the second group address dynamic optimization problems.

Readership

For graduates and lecturers in economics, finance, econometrics, statistics, applied mathematics and systems science.


Details

No. of pages:
192
Language:
English
Copyright:
© Pergamon 1989
Published:
Imprint:
Pergamon
eBook ISBN:
9781483296227
Hardcover ISBN:
9780080372280

Reviews

The value of applying system-theoretic concepts to economic modelling problems arises from the fact that it offers a unifying framework for modelling dynamic systems. In addition to offering this powerful conceptual framework, it provides a wide range of tools useful in applied work. System-theoretic techniques enter predominantly two stages of economic modelling efforts: the stage of model construction and the stage of model application in accordance with the modelling. The objective of this and subsequent volumes on System-Theoretic Methods in Economic Modelling I is to initiate and/or intensify dialogues between researchers and practitioners within and across the disciplines involved. This first volume brings together papers exhibiting a wide range of system-theoretic techniques and applications to economic problems. The papers have been divided into two groups, following roughly--but not necessarily--the above classification into the construction and application stages of economic modelling. The papers in the first group focus on the identification of dynamic and static systems, while the papers in the second group address dynamic optimization problems.


About the Editors

S. Mittnik Editor

Affiliations and Expertise

Department of Economics, State University of New York at Stony Brook, NY