MARC details
| 000 -LEADER |
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| fixed length control field |
02933nam a2200301Ia 4500 |
| 003 - CONTROL NUMBER IDENTIFIER |
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| control field |
ISI Library, Kolkata |
| 005 - DATE AND TIME OF LATEST TRANSACTION |
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| control field |
20241119170221.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
131223s9999 xx 000 0 und d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
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| International Standard Book Number |
0674750969 |
| 040 ## - CATALOGING SOURCE |
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| Original cataloging agency |
ISI Library |
| Language of cataloging |
English |
| 041 ## - LANGUAGE CODE |
|---|
| Language code of text/sound track or separate title |
English |
| 082 04 - DEWEY DECIMAL CLASSIFICATION NUMBER |
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| Classification number |
330.0151 |
| Item number |
St874 |
| 100 1# - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Stokey, Nancy L |
| Relator term |
author |
| 245 10 - TITLE STATEMENT |
|---|
| Title |
Recursive methods in economic dynamics/ |
| Statement of responsibility, etc |
Nancy L. Stokey, Robert E. Lucas Jr, with Edward C. Prescott |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
|---|
| Place of publication, distribution, etc |
Cambridge: |
| Name of publisher, distributor, etc |
Harvard University Press, |
| Date of publication, distribution, etc |
1989 |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
xviii, 588 pages; |
| Other physical details |
dig.; |
| Dimensions |
25.5 cm. |
| 504 ## - BIBLIOGRAPHY, ETC. NOTE |
|---|
| Bibliography, etc |
Includes index, references and index of theorems |
| 505 0# - FORMATTED CONTENTS NOTE |
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| Formatted contents note |
Introduction -- An overview -- Mathematical Preliminaries -- Dynamic Programming under Certainty -- Applications of Dynamic Programming under Certainty -- Deterministic Dynamics -- Measure Theory and Integration -- Markov Process -- Stochastic dynamic Programming -- Applications of Stochastic Dynamic Programming -- Strong Convergence of Markov Processes -- Weak Convergence of Markov Processes -- Applications o convergence Results for Markov Processes -- Laws of Large Numbers -- Pareto Optima and Competitive Equilibria -- Applications of Equilibrium Theory -- Fixed- Point Arguments -- Equilibria in Systems with Distortions |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc |
Three eminent economists provide in this book a rigorous, self-contained treatment of modern economic dynamics. Nancy L. Stokey, Robert E. Lucas, Jr., and Edward C. Prescott develop the basic methods of recursive analysis and emphasize the many areas where they can usefully be applied.<br/><br/>After presenting an overview of the recursive approach, the authors develop economic applications for deterministic dynamic programming and the stability theory of first-order difference equations. They then treat stochastic dynamic programming and the convergence theory of discrete-time Markov processes, illustrating each with additional economic applications. They also derive a strong law of large numbers for Markov processes. Finally, they present the two fundamental theorems of welfare economics and show how to apply the methods developed earlier to general equilibrium systems.<br/><br/>The authors go on to apply their methods to many areas of economics. Models of firm and industry investment, household consumption behavior, long-run growth, capital accumulation, job search, job matching, inventory behavior, asset pricing, and money demand are among those they use to show how predictions can be made about individual and social behavior. Researchers and graduate students in many areas of economics, both theoretical and applied, will find this book essential. |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Economics |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Economics mathematics |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Dynamic programming |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Business & Economics |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Recursive method |
| 700 1# - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Lucas, Jr., Robert E |
| Relator term |
author |
| 700 1# - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Prescott, Edward C. |
| Relator term |
author |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
|---|
| Koha item type |
Books |
| Source of classification or shelving scheme |
Dewey Decimal Classification |
