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Discrete State‐Space Methods for the Study of Dynamic Economies

Craig Burnside

in Computational Methods for the Study of Dynamic Economies

Published in print:
2001
Published Online:
November 2003
ISBN:
9780199248278
eISBN:
9780191596605
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199248273.003.0005
Subject:
Economics and Finance, Macro- and Monetary Economics

A number of numerical methods are discussed for solving dynamic stochastic general equilibrium models that fall within the common category of discrete state‐space methods. These methods can be ... More


Models in Finance

GREGORY C. CHOW

in Dynamic Economics: Optimization by the Lagrange Method

Published in print:
1997
Published Online:
October 2011
ISBN:
9780195101928
eISBN:
9780199855032
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195101928.003.0007
Subject:
Economics and Finance, Financial Economics

Using stochastic differential equations instead of utilizing stochastic difference equations, most of the models involved in finance follow Merton’s work and are developed in continuous time. In this ... More


Linear Stochastic Difference Equations

Lars Peter Hansen and Thomas J. Sargent

in Recursive Models of Dynamic Linear Economies

Published in print:
2013
Published Online:
October 2017
ISBN:
9780691042770
eISBN:
9781400848188
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691042770.003.0002
Subject:
Economics and Finance, History of Economic Thought

This chapter describes the vector first-order linear stochastic difference equation. It is first used to represent information flowing to economic agents, then again to represent competitive ... More


Parasites discover behavioral ecology: how to manage one’s host in a complex world

Bernard D. Roitberg

in Host Manipulation by Parasites

Published in print:
2012
Published Online:
December 2013
ISBN:
9780199642236
eISBN:
9780191774621
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199642236.003.0004
Subject:
Biology, Disease Ecology / Epidemiology, Evolutionary Biology / Genetics

This chapter develops dynamic state variable (DSV) models to predict the foraging and growth dynamics of herbivores, when healthy and when parasitized. In the model, the ‘caterpillar’ can decide ... More


Adaptive management: making recurrent decisions in the face of uncertainty

James D. Nichols

in Demographic Methods across the Tree of Life

Published in print:
2021
Published Online:
November 2021
ISBN:
9780198838609
eISBN:
9780191874789
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198838609.003.0019
Subject:
Biology, Biomathematics / Statistics and Data Analysis / Complexity Studies, Ecology

The key to wise decision-making in disciplines such as conservation, wildlife management, and epidemiology is the ability to predict consequences of management actions on focal systems. Predicted ... More


Guidance for Using State-and Prediction-Based Theory

Steven F. Railsback and Bret C. Harvey (eds)

in Modeling Populations of Adaptive Individuals

Published in print:
2020
Published Online:
January 2021
ISBN:
9780691195285
eISBN:
9780691195377
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691195285.003.0008
Subject:
Biology, Ecology

This chapter outlines the guidance on using state- and prediction-based theory (SPT) to build models of populations and communities of adaptive individuals, detailing five steps unique to SPT. The ... More


Integral projection models

Edgar J. González, Dylan Z. Childs, Pedro F. Quintana-Ascencio, and Roberto Salguero-Gómez

in Demographic Methods across the Tree of Life

Published in print:
2021
Published Online:
November 2021
ISBN:
9780198838609
eISBN:
9780191874789
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198838609.003.0010
Subject:
Biology, Biomathematics / Statistics and Data Analysis / Complexity Studies, Ecology

Integral projection models (IPMs) allow projecting the behaviour of a population over time using information on the vital processes of individuals, their state, and that of the environment they ... More


Introduction to State-and Prediction-Based Theory

Steven F. Railsback and Bret C. Harvey (eds)

in Modeling Populations of Adaptive Individuals

Published in print:
2020
Published Online:
January 2021
ISBN:
9780691195285
eISBN:
9780691195377
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691195285.003.0003
Subject:
Biology, Ecology

This chapter discusses the state- and prediction-based theory (SPT) and its use in individual-based models (IBMs). The fundamental concept of modern theory in behavioral ecology is that behavior acts ... More


A Second Example: Vertical Migration and Reproductive Effort in Daphnia

Steven F. Railsback and Bret C. Harvey (eds)

in Modeling Populations of Adaptive Individuals

Published in print:
2020
Published Online:
January 2021
ISBN:
9780691195285
eISBN:
9780691195377
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691195285.003.0005
Subject:
Biology, Ecology

This chapter demonstrates the application of state- and prediction-based theory (SPT) to a real biological system, but a system that has been simplified enough to also be addressed by dynamic state ... More


Philosophical approach to population modeling

Louis W. Botsford, J. Wilson White, and Alan Hastings

in Population Dynamics for Conservation

Published in print:
2019
Published Online:
November 2019
ISBN:
9780198758365
eISBN:
9780191818301
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198758365.003.0001
Subject:
Biology, Biodiversity / Conservation Biology, Biomathematics / Statistics and Data Analysis / Complexity Studies

This chapter describes how we can use models, and how complex models should be. It begins with the difference between strategic and tactical population models. It describes the logic underlying both ... More


Example Three: Temporal Patterns in Limpet Foraging

Steven F. Railsback and Bret C. Harvey (eds)

in Modeling Populations of Adaptive Individuals

Published in print:
2020
Published Online:
January 2021
ISBN:
9780691195285
eISBN:
9780691195377
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691195285.003.0006
Subject:
Biology, Ecology

This chapter presents a third example application of state- and prediction-based theory (SPT), again involving a behavior originally modeled via dynamic state variable modeling (DSVM). This example ... More


Example Four: Facultative Anadromy in Salmonid Fishes

Steven F. Railsback and Bret C. Harvey (eds)

in Modeling Populations of Adaptive Individuals

Published in print:
2020
Published Online:
January 2021
ISBN:
9780691195285
eISBN:
9780691195377
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691195285.003.0007
Subject:
Biology, Ecology

This chapter offers a fourth example model, with the objective of (1) illustrating the application of state- and prediction-based theory (SPT) to a new kind of decision—a life history decision—in a ... More


Thinking about populations

Louis W. Botsford, J. Wilson White, and Alan Hastings

in Population Dynamics for Conservation

Published in print:
2019
Published Online:
November 2019
ISBN:
9780198758365
eISBN:
9780191818301
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198758365.003.0012
Subject:
Biology, Biodiversity / Conservation Biology, Biomathematics / Statistics and Data Analysis / Complexity Studies

This chapter describes some general ways of thinking about population dynamics as a coherent body of interrelated advances in understanding, as developed in the first eleven chapters. The first ... More


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