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Additional Applications

In: Intertemporal and Strategic Modelling in Economics

Author

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  • Orlando Gomes

    (Lisbon Polytechnic Institute (ISCAL—IPL) and CEFAGE research center (Évora University—ISCAL))

Abstract

This chapter explores a few additional dynamic and strategic problems in economics. These include: a demand-supply framework where dynamics emerge from the consideration of adaptive expectations; a growth model involving misallocation of talent; a framework that explores the conflict underlying the allocation of research resources to basic science and to applied technology; a setup designed to address socially responsible investment; and a model that approaches the decision-making process of the individual agent and the mental effort required to make choices. The chapter ends with two additional notes. The first remark is about chaos; the second concerns an evolutionary game characterized by non-transitivity.

Suggested Citation

  • Orlando Gomes, 2022. "Additional Applications," Lecture Notes in Economics and Mathematical Systems, in: Intertemporal and Strategic Modelling in Economics, chapter 0, pages 211-237, Springer.
  • Handle: RePEc:spr:lnechp:978-3-031-09600-6_9
    DOI: 10.1007/978-3-031-09600-6_9
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