Modelling of the Economic Crisis: Did We Learn the Lesson?
Type
presentation
Date Issued
2010-07-05
Author(s)
Abstract
The current economic crisis could deliver valuable lessons for economic agents. However, it seems that those have not learned essential lessons, continuing their "business as usual". A dynamic simulation model presented in this chapter highlights that this is likely to lead to the next crunch in the offing. Even before we have mastered this crisis the next one is already looming. Does prevention have a chance? How can it be achieved?
Language
English
Keywords
economic crisis
modeling
macroeconomics
resource-based view
dynamic simulation model
HSG Classification
contribution to scientific community
Refereed
No
Event Title
XXIV-th EURO Conference
Event Location
Lisbon, Protugal
Subject(s)
Division(s)
Eprints ID
68658