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Handbook of Computational Economics #2020

Handbook of Computational Economics Handbook of Computational Economics summarizes recent advances in economic thought revealing some of the potential offered by modern computational methods With computational power increasing in hardw

  • Title: Handbook of Computational Economics
  • Author: Karl Schmedders Kenneth L Judd
  • ISBN: 9780444529800
  • Page: 328
  • Format: Hardcover
  • Handbook of Computational Economics By Karl Schmedders Kenneth L Judd, Handbook of Computational Economics summarizes recent advances in economic thought, revealing some of the potential offered by modern computational methods With computational power increasing in hardware and algorithms, many economists are closing the gap between economic practice and the frontiers of computational mathematics In their efforts to accelerate the incorporaHandbook of Computational Economics summarizes recent advances in economic thought, revealing some of the potential offered by modern computational methods With computational power increasing in hardware and algorithms, many economists are closing the gap between economic practice and the frontiers of computational mathematics In their efforts to accelerate the incorporation of computational power into mainstream research, contributors to this volume update the improvements in algorithms that have sharpened econometric tools, solution methods for dynamic optimization and equilibrium models, and applications to public finance, macroeconomics, and auctions They also cover the switch to massive parallelism in the creation of powerful computers, with advances in the development of high power and high throughput computing.Much can be done to expand the value of computational modeling in economics In conjunction with volume one 1996 and volume two 2006 , this volume offers a remarkable picture of the recent development of economics as a science as well as an exciting preview of its future potential.Samples different styles and approaches, reflecting the breadth of computational economics as practiced todayFocuses on problems with few well developed solutions in the literature of other disciplinesEmphasizes the potential for increasing the value of computational modeling in economics

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      Karl Schmedders Kenneth L Judd

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