William Allen "Buz" Brock (born October 23, 1941) is a mathematical economist and a professor at the University of Wisconsin–Madison since 1975.[1] He is known for his application of a branch of mathematics known as chaos theory to economic theory and econometrics. In 1998, he was elected to the National Academy of Sciences[1] in the Economics Section.
William A. Brock | |
|---|---|
| Born | October 23, 1941 |
| Nationality | American |
| Academic career | |
| Field | Mathematical economics |
| Institution | University of Wisconsin–Madison |
| Alma mater | University of California, Berkeley University of Missouri |
| Doctoral advisor | David Gale |
| Doctoral students | Carlos Manuel Urzúa Macías Takashi Kamihigashi |
| Contributions | Brock–Mirman model |
| Information at IDEAS / RePEc | |
In a 1972 paper, co-authored with Leonard Mirman, Brock provided the first stochastic version of the neoclassical growth model,[2] thereby paving the way for later developments such as real business cycle theory and DSGE models.
Selected publications
editPapers
edit- "Robust Control and Hot Spots in Dynamic Spatially Interconnected Systems".Brock/Xepapadeas August 15, 2010 paper
- "The Emergence of Optimal Agglomeration in Dynamic Economics".Brock/Xepapadeas Oct. 16, 2009 paper
- "A General Test for Nonlinear Granger Causality: Bivariate Model" Baek/Brock paper
Books
edit- "Growth Theory, Nonlinear Dynamics and Economic Modelling: Scientific Essays of William Allen Brock". 2001
References
edit- ^ a b https://www.ssc.wisc.edu/~wbrock/CvJan2006.pdf, William A Brock CV 2006, Retrieved 04 December 2010
- ^ Brock, William A.; Mirman, Leonard J. (1972). "Optimal Economic Growth and Uncertainty: The Discounted Case". Journal of Economic Theory. 4 (3): 479–513. doi:10.1016/0022-0531(72)90135-4.
External links
edit- William A. Brock at the Mathematics Genealogy Project
- William Allen Brock: Distinguished Fellow 2004 (bio from American Economic Association)
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