William A. Brock

William A. Brock
Born (1941-10-23) October 23, 1941
Nationality American
Institution University of Wisconsin–Madison
Field Mathematical economics
Alma mater University of California, Berkeley
University of Missouri
Influences David Gale
Contributions Brock–Mirman model
Information at IDEAS / RePEc

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.

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

Papers

Books

References

  1. 1 2 https://www.ssc.wisc.edu/~wbrock/CvJan2006.pdf, William A Brock CV 2006, Retrieved 04 December 2010
  2. 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.


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