{"product_id":"9789401043304","title":"New Directions in Computational Economics","description":"\u003ch1\u003eNew Directions in Computational Economics\u003c\/h1\u003e \u003ch2\u003eCooper, William W.; Whinston, Andrew B.\u003c\/h2\u003e \u003cp\u003e\u003cem\u003eNew Directions in Computational Economics\u003c\/em\u003e brings together  for the first time a diverse selection of papers, sharing the  underlying theme of application of computing technology as a tool for  achieving solutions to realistic problems in computational economics  and related areas in the environmental, ecological and energy  fields.\u003cbr\u003e  Part I of the volume addresses experimental and computational issues  in auction mechanisms, including a survey of recent results for sealed  bid auctions. The second contribution uses neural networks as the  basis for estimating bid functions for first price sealed bid  auctions. Also presented is the `smart market' computational mechanism  which better matches bids and offers for natural gas.\u003cbr\u003e  Part II consists of papers that formulate and solve models of  economics systems. Amman and Kendrick's paper deals with control  models and the computational difficulties that result from  nonconvexities. Using goal programming, Nagurney, Thore and Pan  formulate spatial resource allocation models to analyze various policy  issues. Thompson and Thrall next present a rigorous mathematical  analysis of the relationship between efficiency and profitability. The  problem of matching uncertain streams of assets and liabilities is  solved using stochastic optimization techniques in the following paper  in this section.\u003cbr\u003e  Finally, Part III applies economic concepts to issues in computer  science in addition to using computational techniques to solve  economic models.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2012-11-26\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9789401043304\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-94-011-0770-9\u003c\/p\u003e \u003cp\u003eDimensions: 240cm x160cm\u003c\/p\u003e \u003cp\u003ePages: 230\u003c\/p\u003e ","brand":"Springer","offers":[{"title":"Default Title","offer_id":44398576697484,"sku":"9789401043304","price":161.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9789401043304.jpg?v=1755437981","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9789401043304","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}