Download or read book Experiments with Spatial Equilibrium Trade Models a Computer Simulation Approach written by Hiren Sarker and published by . This book was released on 1976 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Recent Advances in Spatial Equilibrium Modelling written by Jeroen C.J.M.van den Bergh and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prices and quantities of both stock and flow variables in an economic system are decisively influenced by their spatial coordinates. Any equilibrium state also mirrors the underlying spatial structure and a tatonnement process also incorporates the spatial ramifications of consumer and producer behaviour. The recognition ofthe spatial element in the formation of a general equilibrium in a complex space-economy already dates back to early work of LOsch, Isard and Samuelson, but it reached a stage of maturity thanks to the new inroads made by T. Takayama. This book is devoted to spatial economic equilibrium (SPE) analysis and is meant to pay homage to the founding father of modern spatial economic thinking, Professor Takayama. This book witnesses his great talents in clear and rigorous economic thinking regarding an area where for decades many economists have been groping in the dark. Everybody who wants to study the phenomenon of spatial economic equilibrium will necessarily come across Takayama's work, but this necessity is at the same time a great pleasure. Studying his work means a personal scientific enrichment in a field which is still not completely explored. The present volume brings together recent contributions to spatial equilibrium analysis, written by friends and colleagues of Takayama. The structure of the book is based on four main uses of spatial equilibrium models: (i) the imbedding of spatial flows in the economic environment, related to e.g.
Download or read book Computer Simulation Experiments with Models of Economic Systems written by Thomas H. Naylor and published by John Wiley & Sons. This book was released on 1971 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes methodology for formulation of various economic models and scientific management models, and covers validation, experimental design, data analysis of variance, sequential sampling, spectral analysis, variance reduction, statistical analysis, rules governing sample sizes, simulation languages, etc.
Download or read book Complexity and Artificial Markets written by Klaus Schredelseker and published by Springer Science & Business Media. This book was released on 2008-07-30 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, agent-based simulation has become a widely accepted tool when dealing with complexity in economics and other social sciences. The contributions presented in this book apply agent-based methods to derive results from complex models related to market mechanisms, evolution, decision making, and information economics. In addition, the applicability of agent-based methods to complex problems in economics is discussed from a methodological perspective. The papers presented in this collection combine approaches from economics, finance, computer science, natural sciences, philosophy, and cognitive sciences.
Download or read book Introduction To Numerical Simulation For Trade Theory And Policy written by John Gilbert and published by World Scientific Publishing Company. This book was released on 2012-11-29 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a practical guide to building and using simulation models for international trade theory and policy. Through a sequence of carefully constructed and fully documented programs, the volume illustrates how numerical simulation can be used to analyze a wide array of problems. Modern computable general equilibrium (CGE) models for trade policy are challenging in their complexity, but can be thought of as constructions of much simpler building blocks. By developing the building blocks in a consistent manner, and gradually putting them together in more complex and interesting ways, the volume makes CGE accessible to anyone with a background in microeconomics/trade theory. The volume will be useful to graduate students and researchers in international trade looking for a detailed guide to building simulation models and to developing the skill set necessary to enter into the world of CGE modeling.
Download or read book Simulation Based Estimation of Spatial Price Equilibrium Models and Market Integration written by and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation explores the applicability of recently developed simulation-based econometric methods to the analysis of spatial price determination and integration of markets. As such a measure of market integration is developed within the context of well-known point-location competitive price equilibrium model. Two markets are said to be integrated to the extent that an excess demand shock arising in one region is transmitted to the other region. This model imposes the market efficiency (i.e., the law of one price) and explicitly accounts for the nonlinear relationship between prices and underlying variables. A critical distinction from most of the current literature is that market integration is defined and estimated as a degree rather than a binary outcome. Simulation-based estimation approach to spatial market integration can be outlined as follows: summarize the information contained in prices in an auxiliary (reduced) model and match the parameters of the auxiliary model obtained from observed data to the parameters of the same model obtained from simulated data. The particular estimation framework used is known as the extit[indirect inference] methodology. The auxiliary model is chosen as a finite order Gaussian vector auto-regression for prices. The underlying variables, autarky prices and transaction costs, are modelled as low-order vector auto-regression. Transaction costs on each link is modelled as a function of a small number of common factors. After the structural parameter estimates are obtained the measure of market integration is approximated by simple Monte Carlo integration methods. The results from a set of controlled experiments indicate that the estimation strategy works reasonably well. It is also shown that simulation-based estimation methods can be useful for the two-location switching regime models with serially correlated underlying variables.
Download or read book Iowa State Journal of Research written by and published by . This book was released on 1977 with total page 878 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Methods for Improving the Representation of Bilateral Trade Flows in Spatial Equilibrium Models written by Peter A. Cardellichio and published by . This book was released on 1988 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Iowa State Journal of Research written by Iowa. State College, Cedar Falls and published by . This book was released on 1977 with total page 940 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Advancing Land Change Modeling written by National Research Council and published by National Academies Press. This book was released on 2014-03-31 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: People are constantly changing the land surface through construction, agriculture, energy production, and other activities. Changes both in how land is used by people (land use) and in the vegetation, rock, buildings, and other physical material that cover the Earth's surface (land cover) can be described and future land change can be projected using land-change models (LCMs). LCMs are a key means for understanding how humans are reshaping the Earth's surface in the past and present, for forecasting future landscape conditions, and for developing policies to manage our use of resources and the environment at scales ranging from an individual parcel of land in a city to vast expanses of forests around the world. Advancing Land Change Modeling: Opportunities and Research Requirements describes various LCM approaches, suggests guidance for their appropriate application, and makes recommendations to improve the integration of observation strategies into the models. This report provides a summary and evaluation of several modeling approaches, and their theoretical and empirical underpinnings, relative to complex land-change dynamics and processes, and identifies several opportunities for further advancing the science, data, and cyberinfrastructure involved in the LCM enterprise. Because of the numerous models available, the report focuses on describing the categories of approaches used along with selected examples, rather than providing a review of specific models. Additionally, because all modeling approaches have relative strengths and weaknesses, the report compares these relative to different purposes. Advancing Land Change Modeling's recommendations for assessment of future data and research needs will enable model outputs to better assist the science, policy, and decisionsupport communities.
Download or read book Graphical solution to a general equilibrium international trade model written by Marius Rott and published by . This book was released on 1995 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Resource and Market Projections for Forest Policy Development written by Darius M. Adams and published by Springer Science & Business Media. This book was released on 2007-09-18 with total page 599 pages. Available in PDF, EPUB and Kindle. Book excerpt: The text provides literature surveys on relevant modeling issues and policy concerns. It demonstrates the application of a modeling system using a "base case" 50-year projection and a small set of scenarios. These illustrate, for example, the effects of changes in public harvest policies, variations in investments in silviculture, and globalization. It is aimed at policy makers, researchers and graduate students who are building or using forest sector models.
Download or read book Handbook of Computational Economics written by Hans M. Amman and published by North-Holland. This book was released on 2006 with total page 1659 pages. Available in PDF, EPUB and Kindle. Book excerpt: The explosive growth in computational power over the past several decades offers new tools and opportunities for economists. This handbook volume surveys recent research on Agent-based Computational Economics (ACE), the computational study of economic processes modeled as dynamic systems of interacting agents. Empirical referents for "agents" in ACE models can range from individuals or social groups with learning capabilities to physical world features with no cognitive function. Topics covered include: learning; empirical validation; network economics; social dynamics; financial markets; innovation and technological change; organizations; market design; automated markets and trading agents; political economy; social-ecological systems; computational laboratory development; and general methodological issues. *Every volume contains contributions from leading researchers *Each Handbook presents an accurate, self-contained survey of a particular topic *The series provides comprehensive and accessible surveys
Download or read book General Equilibrium and Welfare written by Pablo Coto-Millán and published by Physica. This book was released on 2002-07-23 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book the reader is provided with an overview of the most interesting ideas in Competitive General Equilibrium Theory as well as Welfare Economy. In doing so, the author adopts a methodological approach of a closed and inter-related system where all variables are simultaneously determined. By using theorems of fixed point, revealed preference and local and global stability, the author proves the existence of unicity and stability. Furthermore, he analyses those situations where the competitive system does not allocate resources efficiently. In this sense, he examines allocation problems in regard to property rights, information problems and choice and negotiation problems. Finally, the text includes a chapter that presents a topical guide of questions related to Social Choice.
Download or read book The 1980 Softwood Timber Assessment Market Model written by Darius Mainard Adams and published by . This book was released on 1980 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agricultural Economics Research written by and published by . This book was released on 1976 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The New Introduction to Geographical Economics written by Steven Brakman and published by Cambridge University Press. This book was released on 2009-04-09 with total page 597 pages. Available in PDF, EPUB and Kindle. Book excerpt: This revised and updated introduction to geographical economics explains the who, why and where of the location of economic activity.
