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Modeling Aggregate Behavior and Fluctuations in Economics: Stochastic Views of Interacting Agents
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Masanao Aoki
This book has two components: stochastic dynamics and stochastic random combinatorial analysis. The first discusses evolving patterns of interactions of a large but finite number of agents of several types. Changes of agent types or their choices or decisions over time are formulated as jump Markov processes with suitably specified transition ...
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Optimization of Stochastic Systems: Topics in Discrete-Time Dynamics
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Masanao Aoki, Karl Shell (Editor)
The first edition of this book was written mainly for audiences with physical science and engineering backgrounds. Nevertheless, it reached some readers with economic and management science training. Analytical training of graduate students in economics and management sciences had progressed much in the last 20 years, and many new research results ...
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New Approaches to Macroeconomic Modeling: Evolutionary Stochastic Dynamics, Multiple Equilibria, and Externalities as Field Effects
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Masanao Aoki
This book contributes substantively to state-of-the-art macroeconomic modeling by providing a method for modeling large collections of heterogeneous agents subject to non-pairwise externality called field effects, i.e. feedback of aggregate effects on individual agents or agents using state-dependent strategies. Adopting a level of microeconomic ...
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Reconstructing Macroeconomics: A Perspective from Statistical Physics and Combinatorial Stochastic Processes
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Masanao Aoki, Hiroshi Yoshikawa, Ryzuo Sato (Editor)
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 microfoundations for macroeconomics has meant incorporating sophisticated intertemporal optimization by ...
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Optimization of stochastic systems; topics in discrete-time systems.
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Masanao Aoki
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Optimal Control and System Theory in Dynamic Economic Analysis
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Masanao Aoki
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New Approaches to Macroeconomic Modeling
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by
Masanao Aoki
This book contributes substantively to state-of-the-art macroeconomic modeling by providing a method for modeling large collections of heterogeneous agents subject to non-pairwise externality called field effects, i.e. feedback of aggregate effects on individual agents or agents using state-dependent strategies. Adopting a level of microeconomic ...
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Notes on Economic Time Series Analysis: System Theoretic Perspectives
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Masanao Aoki
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Applications of Computer Aided Time Series Modeling
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Masanao Aoki
This text provides an introduction to state space modelling, discusses applications of state space modelling and discusses applications of neural networks.
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Dynamic Analysis of Open Economies
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Masanao Aoki
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State Space Modelling of Time Series
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Masanao Aoki
The author adopts a state space approach to time series modelling in this volume to provide a new, computer-orientated method for building models for vector-valued time series. Background material leading up to the two types of estimators of the state space models is collected and presented coherently in four consecutive chapters. This edition has ...
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Introduction to optimization techniques; fundamentals and applications of nonlinear programming.
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Masanao Aoki
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New Trends in Dynamic System Theory and Economics
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Masanao Aoki
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Optimal Control & System Theory in Dynamic Economic Analysis
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by
Masahiko Aoki, Masanao Aoki
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