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Harvard University Press - Recursive Methods in Economic Dynamics

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£61.99 £54.22 £55.92 £57.61 £59.31 £61.00 £62.70 25 July 2026 01 August 2026 09 August 2026 17 August 2026 25 August 2026
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Most common price: £62 (18 days, 56.3%)

Price range: £55 - £62

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Description

Explore a rigorous and self-contained treatment of modern economic dynamics in this academic text from Harvard University Press. Authored by eminent economists Nancy L. Stokey, Robert E. Lucas, Jr., and Edward C. Prescott, this book provides a deep dive into the basic methods of recursive analysis. Readers will find a detailed overview of the recursive approach, followed by practical economic applications. The text covers deterministic dynamic programming and the stability theory of first-order difference equations. It further extends into stochastic dynamic programming and the convergence theory of discrete-time Markov processes. This book serves as a foundational resource for understanding complex economic modeling and mathematical applications in the field.

Key Features

This book by Harvard University Press provides a rigorous and self-contained treatment of modern economic dynamics.

Authors Nancy L. Stokey, Robert E. Lucas, Jr., and Edward C. Prescott develop foundational methods of recursive analysis.

The text includes economic applications for deterministic dynamic programming and first-order difference equations.

Study stochastic dynamic programming and the convergence theory of discrete-time Markov processes within these pages.

This new store stock edition offers a comprehensive overview of the recursive approach for economic study.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
01 July 1989
Listed Since
13 February 2007

Barcode

No barcode data available

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