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Economic Dynamics and Computation-Resurrecting the Icarus Tradition

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  • K. Vela Velupillai
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    Abstract

    Computation over the reals, without abandoning the paradigm of the digital computer, raises difficult issues at the interface between recursion theory, numerical analysis and dynamical systems. In this paper an attempt is made to provide economic and mathematical justifications for returning to the analogue computing traditions that were once felicitously practised in economics. Copyright Blackwell Publishing Ltd 2004.

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    Bibliographic Info

    Article provided by Wiley Blackwell in its journal Metroeconomica.

    Volume (Year): 55 (2004)
    Issue (Month): 2-3 (05)
    Pages: 239-264

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    Handle: RePEc:bla:metroe:v:55:y:2004:i:2-3:p:239-264

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    Web page: http://www.blackwellpublishing.com/journal.asp?ref=0026-1386

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    Cited by:
    1. K. Vela Velupillai, 2007. "A Computable Economist’s Perspective on Computational Complexity," Department of Economics Working Papers 0723, Department of Economics, University of Trento, Italia.
    2. Kumaraswamy Velupillai, 2003. "Economics and the complexity vision: chimerical partners or elysian adventurers," Department of Economics Working Papers 0307, Department of Economics, University of Trento, Italia.

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