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Qualitative theory of dynamical systems, tools and applications for economic modelling [electronic resource] : lectures given at the COST Training School on New Economic Complex Geography at Urbino, Italy, 17-19 September 2015 / Gian Italo Bischi, Anastasiia Panchuk, Davide Radi, editors.

Bischi, Gian Italo, editor.; Panchuk, Anastesiia, editor.; Radi, Davide, editor.
2016
HB135
Available Online
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Title
Qualitative theory of dynamical systems, tools and applications for economic modelling [electronic resource] : lectures given at the COST Training School on New Economic Complex Geography at Urbino, Italy, 17-19 September 2015 / Gian Italo Bischi, Anastasiia Panchuk, Davide Radi, editors.
ISBN
9783319332765 (electronic book)
3319332767 (electronic book)
9783319332741
Published
Switzerland : Springer, 2016.
Language
English
Description
1 online resource (xvi, 327 pages) : illustrations.
Call Number
HB135
Dewey Decimal Classification
330.01/5118
Summary
The book presents the lectures delivered during a short course held at Urbino University in summer 2015 on qualitative theory of dynamical systems, included in the activities of the COST Action IS1104 "The EU in the new economic complex geography: models, tools and policy evaluation". It provides a basic introduction to dynamical systems and optimal control both in continuous and discrete time, as well as some numerical methods and applications in economic modelling. Economic and social systems are intrinsically dynamic, characterized by interdependence, nonlinearity and complexity, and these features can only be approached using a qualitative analysis based on the study of invariant sets (equilibrium points, limit cycles and more complex attractors, together with the boundaries of their basins of attraction), which requires a trade-off between analytical, geometrical and numerical methods. Even though the early steps of the qualitative theory of dynamical systems have been in continuous time models, in economic and social modelling discrete time is often used to describe event-driven (often decision-driven) evolving systems. The book is written for Ph.D. and master's students, post-doctoral fellows, and researchers in economics or sociology, and it only assumes a basic knowledge of calculus. However it also suggests some more advanced topics.
Note
Includes index.
Bibliography, etc. Note
Includes bibliographical references and index.
Access Note
Access limited to authorized users.
Source of Description
Online resource; title from PDF title page (SpringerLink, viewed June 14, 2016).
Added Author
Bischi, Gian Italo, editor.
Panchuk, Anastesiia, editor.
Radi, Davide, editor.
Series
Springer proceedings in complexity.
Available in Other Form
Qualitative Theory of Dynamical Systems, Tools and Applications for Economic Modelling : Lectures Given at the COST Training School on New Economic Complex Geography at Urbino, Italy, 17-19 September 2015
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