Iteration, tâtonnement, computation and economic dynamics

K. Vela Velupillai

Research output: Contribution to a Journal (Peer & Non Peer)Articlepeer-review

2 Citations (Scopus)

Abstract

An attempt is made, in this paper, to extract a mathematical methodology, underpinned by numerical meaning, from a study of Richard Goodwin's classic contributions from 1943 to 1967, and beyond. The key conceptual notions used are tâtonnement, computation, approximations, the geometry of dynamics, simulations and iteration.

Original languageEnglish
Pages (from-to)1551-1567
Number of pages17
JournalCambridge Journal of Economics
Volume39
Issue number6
DOIs
Publication statusPublished - Nov 2015

Keywords

  • Approximation
  • Computation
  • Iteration
  • Simulation
  • Tâtonnement

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