The explosive growth in computational power over the past several decades offers new tools
and opportunities for economists. This handbook volume surveys recent research on Agent-…

The ability to conceptualize an economic problem verbally, to formulate it as a mathematical
model, and then represent the mathematics in software so that the model can be solved on …

Many conflicts in many parts of the developing world can be traced to disputes over land
ownership, land use and land degradation. In this paper, we test the hypothesis that information …

Young economists sometimes ask which computer programming languages they should
learn. This paper answers that question by suggesting that they begin with a high level …

Nonconvexities in the criterion function of adaptive control problems were first found about
ten years ago with numerical methods. Recently they have been confirmed by Mizrach with …

Many macroeconomic policy exercises consider the mean values of parameter estimates
but do not use the variances and covariances. One can argue that the uncertainty of these …

The linear-quadratic control model is one of the most widely used control models in both
empirical and theoretical economic modeling. In order to obtain the equilibrium solution of this …

Would smaller and more frequently changes in fiscal policy in the period from the fall of
2007 thru the fall of 2009 have decreased the downward inertia of the economy and thus …

Agent-based computational economics (ACE) combines elements from economics and computer
science. In this paper, we focus on the relation between the evolutionary technique that …

Lucas (In: Brunner, K., Meltzer, AH (Eds.), The Phillips Curve and the Labor Markets,
Supplementary Series to the Journal of Monetary Economics, 1976, pp. 19–46) pointed out, that …