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About this product
Product Identifiers
PublisherCambridge University Press
ISBN-101009456350
ISBN-139781009456357
eBay Product ID (ePID)23064624000
Product Key Features
Book TitleEconomic Networks : Theory and Computation: Quantecon Book I
Number of Pages265 Pages
LanguageEnglish
TopicEconomics / Macroeconomics, Economics / General
Publication Year2024
IllustratorYes
GenreBusiness & Economics
AuthorThomas J. Sargent, John Stachurski
Book SeriesStructural Analysis in the Social Sciences Ser.
FormatHardcover
Dimensions
Item Height0.8 in
Item Length9.8 in
Item Width6.9 in
Additional Product Features
LCCN2023-045874
Dewey Edition23/eng/20231201
Series Volume NumberSeries Number 53
Dewey Decimal302.4
Table Of ContentPreface; Common symbols; 1. Introduction; 2. Production; 3. Optimal flows; 4. Markov chains and networks; 5. Nonlinear interactions; Appendices; 6. Appendix.
SynopsisIt has become increasingly clear that economies can fruitfully be viewed as networks, consisting of millions of nodes (households, firms, banks, etc.) connected by business, social, and legal relationships. These relationships shape many outcomes that economists often measure. Over the past few years, research on production networks has flourished, as economists try to understand supply-side dynamics, default cascades, aggregate fluctuations, and many other phenomena. Economic Networks provides a brisk introduction to network analysis that is self-contained, rigorous, and illustrated with many figures, diagrams and listings with computer code. Network methods are put to work analyzing production networks, financial networks, and other related topics (including optimal transport, another highly active research field). Visualizations using recent data bring key ideas to life., This book provides a mathematically rigorous and unified treatment of economic networks. It covers foundational theory and important applications, ranging from production networks and supply constraints to optimal transport and financial crises. The book includes open-source code for computational modeling.