Out-of-equilibrium traverse dynamics the time-to-build tradition

  • K. Vela Velupillai
  • , N. Dharmaraj

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

1 Citation (Scopus)

Abstract

An attempt is made, in this paper, to place the fundamental contribution of Amendola and Gaffard on Out-of-Equilibrium Traverse Dynamics in the broad tradition of time-to-build business cycle theory. Since the Amendola-Gaffard approach places primary importance on the epistemology of simulation, i.e., numerical experiments, a further attempt is made to place this innovative stance in the framework of computable economics. The result is formal, non-equilibrium, non-stochastic dynamics that is theoretically amenable to simulational induction.

Original languageEnglish
Pages (from-to)213-224
Number of pages12
JournalInternational Journal of Computational Economics and Econometrics
Volume7
Issue number3
DOIs
Publication statusPublished - 2017
Externally publishedYes

Keywords

  • Out-of-equilibrium
  • Recursive and recursively enumerable sets
  • Simulation numerical experiments
  • Time-to-build
  • Traverse dynamics

Fingerprint

Dive into the research topics of 'Out-of-equilibrium traverse dynamics the time-to-build tradition'. Together they form a unique fingerprint.

Cite this