Encompassing
practical applications through simulation
$138.00
- Paperback
142 pages
- Release Date
29 September 2025
Summary
Encompassing: A Simulation-Based Approach to Model Validation
An operational simulation-based implementation of a fundamental research principle in the sciences—the idea that a model must account for, or encompass, findings of alternative models.
To account for the universal deficiency of all economic models, Jean-François Richard, Robert Marshall, and Chaohai Shen propose in this book an operational test of whether a model accounts for—or encompasses—key results of alternat…
Book Details
| ISBN-13: | 9780262553094 |
|---|---|
| ISBN-10: | 0262553090 |
| Author: | Jean-Francois Richard, Robert C. Marshall |
| Publisher: | MIT Press Ltd |
| Imprint: | MIT Press |
| Format: | Paperback |
| Number of Pages: | 142 |
| Release Date: | 29 September 2025 |
| Weight: | 369g |
| Dimensions: | 229mm x 152mm |
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About The Author
Jean-Francois Richard
Jean-François Richard is a Belgian-American economist and Distinguished Professor of Economics at the University of Pittsburgh. He has been awarded the Prix des Alumni de la Fondation Universitaire, is a Fellow of the Econometric Society, and has published more than ninety articles and two books on a broad range of econometrics topics.
Robert C. Marshall is Distinguished Professor of Economics at Penn State University. He has published over thirty articles regarding bidder collusion and cartels and is the author, with Leslie M. Marx, of Economics of Collusion.
Chaohai Shen is Associate Professor of Economics at East China Normal University. His areas of research include economics of collusion, industrial organization, and applied econometrics.
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