- We will send in 10–14 business days.
/images/books/5621968/9781107032941.jpg)
- Author: Lawrence A Boland
- Publisher: Cambridge University Press
- ISBN-10: 1107032946
- ISBN-13: 9781107032941
- Format: 15 x 23.1 x 2.3 cm, hardcover
- Language: English
- SAVE -10% with code: EXTRA
Reviews
Description
Concern about the role and the limits of modeling has heightened after repeated questions were raised regarding the dependability and suitability of the models that were used in the run-up to the 2008 financial crash. In this book, Lawrence Boland provides an overview of the practices of and the problems faced by model builders to explain the nature of models, the modeling process, and the possibility for and nature of their testing. In a reflective manner, the author raises serious questions about the assumptions and judgments that model builders make in constructing models. In making his case, he examines the traditional microeconomics-macroeconomics separation with regard to how theoretical models are built and used and how they interact, paying particular attention to the use of equilibrium concepts in macroeconomic models and game theory and to the challenges involved in building empirical models, testing models, and using models to test theoretical explanations.
EXTRA 10 % discount with code: EXTRA
The promotion ends in 18d.06:05:30
The discount code is valid when purchasing from 10 €. Discounts do not stack.
- Author: Lawrence A Boland
- Publisher: Cambridge University Press
- ISBN-10: 1107032946
- ISBN-13: 9781107032941
- Format: 15 x 23.1 x 2.3 cm, hardcover
- Language: English English
Concern about the role and the limits of modeling has heightened after repeated questions were raised regarding the dependability and suitability of the models that were used in the run-up to the 2008 financial crash. In this book, Lawrence Boland provides an overview of the practices of and the problems faced by model builders to explain the nature of models, the modeling process, and the possibility for and nature of their testing. In a reflective manner, the author raises serious questions about the assumptions and judgments that model builders make in constructing models. In making his case, he examines the traditional microeconomics-macroeconomics separation with regard to how theoretical models are built and used and how they interact, paying particular attention to the use of equilibrium concepts in macroeconomic models and game theory and to the challenges involved in building empirical models, testing models, and using models to test theoretical explanations.
Reviews