...Judy L. Klein In October 1956 the RAND Corporation established the Logistics Systems Laboratory (LSL), with the goal of using simulation to translate the broad findings of normative microeconomics into detailed, implementable procedures for US Air Force operations. The laboratory was housed...

...Chung-Tang Cheng This essay examines how microanalytic simulation (microsimulation) proposed by Guy H. Orcutt emerged as a tool in evaluating public policies. Inspired by the econometric work of Jan Tinbergen, young Orcutt harbored a “Tinbergen dream” in building a model covering the national...

...Verena Halsmayer The 1960s were the glorious age of large-scale, “economy-wide” macroeconometric models, which enabled forecasts and simulations of the quantitative effects of certain policy changes within systems of simultaneous equations. This article is concerned (1) with the form and character...

... Hirschman's approach was rejected as more psychology than economics by a leading representative of detailed plans and removing “obstacles” such as short-ages of foreign exchange and domestic savings. Ironically, RAND psychologists had just shown that team training with simulations plus daily debriefings...

... . Copyright © 2017 Duke University Press 2017 computers information technology economics econometrics applied economics software simulation References Adelman I. n.d. “ The Research for the Paper on the Dynamics of the Klein-Goldberger Model .” web.stanford.edu/~clint/tmp...

... Countries: A Case Study of Korea . Stanford, Calif. : Stanford University Press for the World Bank . Altig David Auerbach Alan J. Kotlikoff Laurence J. Smetters Kent A. Walliser Jan . 2001 . “ Simulating Fundamental Tax Reform in the United States .” American Economic Review...

... of making it “truly dynamic” (p. 106). Their mathematical models are clearly stated and competently analyzed and inter- preted, both as regards their solutions for the economy’s equilibrium paths and the computer simulations used to plot the economy’s disequilibrium adjustment paths. In the one...

...-Forecasting Simulations, Part I: Industrial Dynamics and Management Pedagogy at MIT .” Science in Context 22 ( 2 ): 245 – 70 . Tidman Keith R. 1984 . The Operations Evaluation Group: A History of Naval Operations Analysis . Annapolis, Md. : Naval Institute Press . Wagner Harvey M...

.... ____. 2001b . Sent Simulating Simon Simulating Scientists. Studies in History and Philosophy of Science 32.3 : 479 -500. ____. 2004a . Behavioral Economics: How Psychology Made Its (Limited) Way Back into Economics. HOPE 36.4 : 735 -60. ____. 2004b . The Legacy of Herbert Simon in Game Theory...

... the Cowles program with strong sup­ port. Irma and Frank Adelman’s computer simulation showed that the Klein-Goldberger model of the U.S. economy, when shocked by distur­ bances, could generate cycles comparable in their properties to those of the United State economy (1959). Indeed...

... of Applied Econometrics 9 : 123 -44. ____. 1995 . Sensitivity Analysis and Model Evaluation in Simulated Dynamic General Equilibrium Economies. International Economic Review 36.2 : 477 -501. Clark, J. M. 1952 . Contribution to the Theory of Business Cycles. In Wesley Clair Mitchell...

... of the History of the Economic Thought (2010). Alain Pirotte is a professor of economics at the University of Panthéon–Assas Paris II. He is a member of ERMES (Research Team on Markets, Employment, and Simulation, EAC 7181, of CNRS). He is also a research fellow at IFSTTAR-DEST (French Institute...

...) national policies and to pressure member states to follow those recommendations. Exploration derives from the as-if narratives considered earlier. We can see this process most clearly in simulations, as discussed above in the example of Samuelson's work, though of course computers have massively...

... career, 227–28 Functionalist psychology, 179–81, on economic development, 9–10, 180n5, 191n19, 193 229–33 Festinger, influence of, 10 233–34 Gambling, 240 on Freud, 235 Game simulation, 206, 213...

... . Friedman M. 1953 . “ The Methodology of Positive Economics .” In Essays in Positive Economics , edited by Friedman M. Chicago : University of Chicago Press . Galison P. 1996 . “ Computer Simulations and the Trading Zone .” In The Disunity of Science: Boundaries, Contexts...

... and Commerce, 1968 . Fox , Karl A. “The Invisible Revolution in Economics: Emergence of a Mathematical Science.” In Economic Models, Estimation and Risk Programming: Essays in Honor of Gerhard Tintner . Berlin: Springer-Verlag, 1969 , p. 2 -19. Fromm , G. , and P. Taubman. Policy Simulation...

... Richard Foote and Frederick Waugh’s (1958) Monte Carlo simulation had demonstrated that adding more jointly determined variables to the model would improve the efficiency (Liu 1960, 861). In the terminology used in measurement litera- ture, this means that Liu traded accuracy (low bias...

... of elaborate physical devices—for example, the Theorizing Application 65 Newlyn-Phillips machine to simulate the workings of the macroeconomy— that behave in analogous ways (Morgan 2012). Yet, as David Kaiser’s (2005) groundbreaking study of the circulation...

... of Simonʼs own science as such a system are closely connected to Simonʼs own attempts to simulate science. Instead of simulating Simon on a computer, then, Crowther- Heyck simulated Simon on paper. Yet, his simulations are rather dissatisfying for the reader, for the reasons outlined above. After having...

... of Simonʼs own science as such a system are closely connected to Simonʼs own attempts to simulate science. Instead of simulating Simon on a computer, then, Crowther- Heyck simulated Simon on paper. Yet, his simulations are rather dissatisfying for the reader, for the reasons outlined above. After having...