Our purpose is to show that dynamic economic modeling, far from being useless, has on the contrary the advantage to emphasize the main point, on the condition that results are not misinterpreted. To illustrate this point of view we analyze two canonical models of exhaustible resources of exploitation.

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On the Use of Dynamic Models in Economics

  • Gilles Rotillon

摘要

Our purpose is to show that dynamic economic modeling, far from being useless, has on the contrary the advantage to emphasize the main point, on the condition that results are not misinterpreted. To illustrate this point of view we analyze two canonical models of exhaustible resources of exploitation.