Iteration, Tâtonnement, Computation and Economic Dynamics
AbstractAn attempt is made, in this paper, to extract a mathematical methodology, underpinned by numerical meaning, from a study of Richard Goodwin’s classic contributions from 1943 to 1967 -- and beyond. The key conceptual notions I use are tâtonnement, computation, approximations, the geometry of dynamics, simulations and iteration.
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Bibliographic InfoPaper provided by ASSRU - Algorithmic Social Science Research Unit in its series ASSRU Discussion Papers with number 1213.
Date of creation: 2012
Date of revision:
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- K. Vela Velupillai & Stefano Zambelli, 2010. "Computation in Economics," ASSRU Discussion Papers 1001, ASSRU - Algorithmic Social Science Research Unit.
- Vela Velupillai, K., 2002. "Effectivity and constructivity in economic theory," Journal of Economic Behavior & Organization, Elsevier, vol. 49(3), pages 307-325, November.
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