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Computing in Economics

In: The Elgar Companion to Recent Economic Methodology

Author

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  • K. Vela Velupillai
  • Stefano Zambelli

Abstract

Bringing together a collection of leading contributors to this new methodological thinking, the authors explain how it differs from the past and point towards further concerns and future issues. The recent research programs explored include behavioral and experimental economics, neuroeconomics, new welfare theory, happiness and subjective well-being research, geographical economics, complexity and computational economics, agent-based modeling, evolutionary thinking, macroeconomics and Keynesianism after the crisis, and new thinking about the status of the economics profession and the role of the media in economics.

Suggested Citation

  • K. Vela Velupillai & Stefano Zambelli, 2011. "Computing in Economics," Chapters, in: John B. Davis & D. Wade Hands (ed.), The Elgar Companion to Recent Economic Methodology, chapter 12, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13684_12
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    File URL: https://www.elgaronline.com/view/9781848447547.00019.xml
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    References listed on IDEAS

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    1. Smale, Stephen, 1976. "Dynamics in General Equilibrium Theory," American Economic Review, American Economic Association, vol. 66(2), pages 288-294, May.
    2. Stefano Zambelli, 2011. "Flexible Accelerator Economic Systems As Coupled Oscillators," Journal of Economic Surveys, Wiley Blackwell, vol. 25(3), pages 608-633, July.
    3. Bridges, Douglas S., 1982. "Preference and utility : A constructive development," Journal of Mathematical Economics, Elsevier, vol. 9(1-2), pages 165-185, January.
    4. Phelps, Edmund, 2015. "Seven Schools of Macroeconomic Thought," OUP Catalogue, Oxford University Press, number 9780198743903.
    5. John B. Davis & D. Wade Hands (ed.), 2011. "The Elgar Companion to Recent Economic Methodology," Books, Edward Elgar Publishing, number 13684.
    6. Bridges, Douglas S. & Richman, Fred, 1991. "A recursive counterexample to Debreu's theorem on the existence of a utility function," Mathematical Social Sciences, Elsevier, vol. 21(2), pages 179-182, April.
    7. Finn E. Kydland & Edward C. Prescott, 1996. "The Computational Experiment: An Econometric Tool," Journal of Economic Perspectives, American Economic Association, vol. 10(1), pages 69-85, Winter.
    8. Lange, Oskar, 1970. "Introduction to Economic Cybernetics," Elsevier Monographs, Elsevier, edition 1, number 9780080066523.
    9. Kincaid, Harold & Ross, Don (ed.), 2009. "The Oxford Handbook of Philosophy of Economics," OUP Catalogue, Oxford University Press, number 9780195189254.
    10. Shoven,John B. & Whalley,John, 1992. "Applying General Equilibrium," Cambridge Books, Cambridge University Press, number 9780521266550, October.
    11. Velupillai, K., 2000. "Computable Economics: The Arne Ryde Memorial Lectures," OUP Catalogue, Oxford University Press, number 9780198295273.
    12. Robert W. Dimand & John Geanakoplos, 2005. "Celebrating Irving Fisher: The Legacy of a Great Economist," American Journal of Economics and Sociology, Wiley Blackwell, vol. 64(1), pages 3-18, January.
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    Cited by:

    1. Stefano Zambelli, 2015. "Dynamical coupling, the non-linear accelerator and the persistence of business cycles," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 39(6), pages 1607-1628.
    2. Gräbner, Claudius, 2016. "Agent-based computational models– a formal heuristic for institutionalist pattern modelling?," Journal of Institutional Economics, Cambridge University Press, vol. 12(1), pages 241-261, March.
    3. Selda (Ying Fang) Kao & K. Vela Velupillai, 2011. "Behavioural Economics: Classical and Modern," ASSRU Discussion Papers 1126, ASSRU - Algorithmic Social Science Research Unit.

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