Description
Book SynopsisDesigned to help move from verbal to mathematical to computational representations in economic modeling, this book is organized around economic topics as macroeconomics, microeconomics, and finance. It employs software systems, including MATLAB, Mathematica, GAMS, the nonlinear programming solver in Excel, and the database systems in Access.
Trade Review"Important and useful... [T]his book represents an excellent way to learn computational economics, doing it."--Pietro Terna, Journal of Artificial Societies and Social Simulation
Table of ContentsPreface ix Introduction 1 PART I: Once Over Lightly ... Growth Chapter 1: Growth Model in Excel 9 Finance Chapter 2: Neural Nets in Excel 25 Microeconomics Chapter 3: PartIal Equilibrium in Mathematica 37 Chapter 4: Transportation in GAMS 55 Database Chapter 5: Databases in Access 67 Finance Chapter 6: Thrift in GAMS (with Genevieve Solomon) 91 Chapter 7: Portfolio Model in MATLAB 119 PART II: Once More ... Microeconomics Chapter 8: General Equilibrium Models in GAMS 149 Game Theory Chapter 9: Cournot Duopoly in Mathematica (with Daniel Gaynor) 173 Chapter 10: Stackelberg Duopoly in Mathematica (with Daniel Gaynor) 189 Chapter 11: Genetic Algorithms and Evolutionary Games in MATLAB 201 Finance Chapter 12: Genetic Algorithms and Portfolio Models in MATLAB 223 Macroeconomics Chapter 13: Macroeconomics in GAMS 247 Agent-Based Computational Economics Chapter 14: Agent-Based Model in MATLAB 267 Environmental Economics Chapter 15: Global Warming in GAMS 291 Dynamic Optimization Chapter 16: Dynamic Optimization in MATLAB 309 PART III: Special Topic:tochastic Control Stochastic Control Chapter 17: Stochastic Control in Duali 339 Chapter 18: Rational Expectations Macro in Duali 361 APPENDIXES A. Running GAMS 389 B. Running Mathematica 391 C. Running the Solver in Excel 393 D. Ordered Sets in GAMS 394 E. Linearization and State-Space Representation of Hall and Taylor's Model 396 F. Introduction to Nonlinear Optimization Solvers 403 G. Linear Programming Solvers 407 H. The Stacking Method in GAMS 411 I. Running MATLAB 413 J. Obtaining the Steady State of the Growth Model 414 References 417 Index 425
