000			02282nam a2200373 i 4500
001			CR9781108697019
003			UkCbUP
005			20240919193614.0
006			m|||||o||d||||||||
007			cr||||||||||||
008			180625s2019||||nyu o ||1 0|eng|d
020			_a9781108697019 (ebook)
020			_z9781108482608 (hardback)
020			_z9781108710770 (paperback)
040			_aUkCbUP _beng _erda _cUkCbUP
050	0	0	_aHB172.5 _b.M3649 2019
082	0	0	_a339.01/51922 _223
100	1		_aMazzoli, Marco, _eauthor.
245	1	0	_aRethinking macroeconomics with endogenous market structure / _cMarco Mazzoli, Matteo Morini, Pietro Terna.
264		1	_aNew York : _bCambridge university press, _c2019.
300			_a1 online resource (xix, 230 pages) : _bdigital, PDF file(s).
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
500			_aTitle from publisher's bibliographic system (viewed on 18 Dec 2019).
520			_aThe birth and death of firms is one of the main features of the business cycle. Yet mainstream DGSE macroeconomic models mostly ignore this phenomenon, thereby excluding any potential impact of economic policy on the probability of the birth and death of firms. Those DGSE models that do allow for this phenomenon do so at the cost of drastic simplifications, which effectively rule out causal links between the strategic interaction of industrial firms and the macroeconomy. This innovative new book develops a bottom-up, agent-based framework that shows how strategic interactions at the level of oligopolistic firms, and even at the level of individuals, affect entire industrial sectors and the equilibrium of the macroeconomy. It will appeal to academic researchers and graduate students working in computational economics, agent-based modelling and econophysics, as well as mainstream economists interested in learning more about alternatives to DGSE models in macroeconomics.
650		0	_aMacroeconomics _xMathematical models.
650		0	_aEquilibrium (Economics)
700	1		_aMorini, Matteo, _eauthor.
700	1		_aTerna, Pietro, _eauthor.
776	0	8	_iPrint version: _z9781108482608
856	4	0	_uhttps://doi.org/10.1017/9781108697019
942			_2ddc _cEB
999			_c9993 _d9993