Elements of dynamic economic modeling: presentation and analysis

dc.contributor.author Tesfatsion, Leigh
dc.contributor.department Economics
dc.date 2018-02-17T16:00:32.000
dc.date.accessioned 2020-06-30T02:12:25Z
dc.date.available 2020-06-30T02:12:25Z
dc.date.issued 2016-02-22
dc.description.abstract <p>The primary goal of these introductory notes is to promote the clear presentation and rigorous analysis of dynamic economic models, whether expressed in equation or agent-based form. A secondary goal is to promote the use of state-space modeling with its respect for historical process, for cause leading to effect without top-down imposition of global constraints. If economic modelers truly wish to respect the rationality of decision-makers, they should have the courage of their convictions; they should not be doing for their modeled decision-makers what in reality these decision-makers must do for themselves.</p>
dc.format.mimetype application/pdf
dc.identifier archive/lib.dr.iastate.edu/econ_las_workingpapers/19/
dc.identifier.articleid 1018
dc.identifier.contextkey 8459266
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath econ_las_workingpapers/19
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/22411
dc.source.bitstream archive/lib.dr.iastate.edu/econ_las_workingpapers/19/elementsdynamiceconomicmodeling.wp14001.pdf|||Fri Jan 14 21:50:00 UTC 2022
dc.subject.disciplines Artificial Intelligence and Robotics
dc.subject.disciplines Dynamical Systems
dc.subject.disciplines Dynamic Systems
dc.subject.disciplines Economics
dc.subject.disciplines Other Education
dc.subject.disciplines Science and Mathematics Education
dc.subject.keywords state space modeling
dc.subject.keywords differential/difference equations
dc.subject.keywords agent-based computational economics
dc.subject.keywords dynamic economic modeling
dc.subject.keywords state-space model
dc.subject.keywords presentation
dc.subject.keywords analysis
dc.title Elements of dynamic economic modeling: presentation and analysis
dc.type article
dc.type.genre working_paper
dspace.entity.type Publication
relation.isAuthorOfPublication 1b45fd18-54a5-46e7-a853-62262cd64b39
relation.isOrgUnitOfPublication 4c5aa914-a84a-4951-ab5f-3f60f4b65b3d
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