Elements of Dynamic Economic Modeling: Presentation and Analysis
Leigh Tesfatsion ()
ISU General Staff Papers from Iowa State University, Department of Economics
Abstract:
The primary goal of these introductory notes is to promote the clear presentation and rigorous analysis of dynamic economic models, whether expressed in equation or agent-based form. A secondary goal is to promote the use of initial-value state-space modeling with its regard for historical process, for cause leading to effect without the external imposition of global coordination constraints on agent actions. Economists who claim to respect individual rationality should not be doing for their modeled economic agents what in reality these agents must do for themselves.
Date: 2016-01-01
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Related works:
Journal Article: Elements of Dynamic Economic Modeling: Presentation and Analysis (2017) 
Working Paper: Elements of dynamic economic modeling: presentation and analysis (2016) 
Working Paper: Elements of Dynamic Economic Modeling: Presentation and Analysis (2014) 
Working Paper: Elements of Dynamic Economic Modeling: Presentation and Analysis (2014) 
Working Paper: Elements of Dynamic Economic Modeling: Presentation and Analysis (2014) 
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