{"product_id":"new-approaches-to-macroeconomic-modeling-masanao-aoki-9780521637695","title":"New Approaches to Macroeconomic Modeling: Evolutionary Stochastic Dynamics, Multiple Equilibria, and Externalities as Field Effects","description":"This book contributes substantively to the current state of the art of macroeconomic modeling by providing a method for modeling large collections of heterogeneous agents subject to nonpairwise externality called field effects, i.e. feedback of aggregate effects on individual agents or agents using state-dependent strategies. Adopting a level of microeconomic description that keeps track of compositions of fractions of agents by \"types\" or \"strategies\", time evolution of the microeconomic states is described by (backward) Chapman-Kolmogorov equations.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Masanao Aoki, Aoki Masanao\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0521637694\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780521637695\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Cambridge University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 02\/13\/1998\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 308\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.93lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.03h x 6.04w x 0.71d","brand":"Masanao Aoki","offers":[{"title":"Paperback","offer_id":46738978767103,"sku":"9780521637695","price":53.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_ccac118f-5753-454f-9ffb-84f98b7001b3.jpg?v=1743276843","url":"https:\/\/www.whiterainbookhouse.com\/products\/new-approaches-to-macroeconomic-modeling-masanao-aoki-9780521637695","provider":"WR Book House","version":"1.0","type":"link"}