William Brock

from Wikipedia, the free encyclopedia

William Allen Brock (* 23. October 1941 in Philadelphia ) is an American mathematician and economist who as a university lecturer at the University of Wisconsin teaches.

Career, research and teaching

Brock graduated from the University of Missouri with an Artium Baccalaureus in mathematics in 1965 . He then switched to Ph.D. - Studied at the University of California, Berkeley , which he graduated in 1969. He went to the University of Rochester as an assistant professor before moving to the University of Chicago as an associate professor in 1972 . In 1974 he followed a call from Cornell University , where he was promoted to full professor a short time later. In 1975 he returned to the University of Chicago on the one hand, but also had a teaching position at the University of Wisconsin-Madison . In 1984 he took over the FP Ramsey Chair for Economics and in 1991 the Vilas Research Professorship .

Brock's work focuses on the description of mathematical foundations in economics. He is particularly known for his econometric approaches in the field of economic growth , in which he partially applies mathematical methods of chaos research . Together with Leonard Mirman he further developed the neoclassical growth model initiated by Frank Plumpton Ramsey in his work "A mathematical theory of saving" in 1928 and further developed by Tjalling Koopmans and David Cass in the 1960s, by integrating the decision under uncertainty . For the adaptation of such continuing economic model to the real economic cycles were Edward C. Prescott and Finn E. Kydland 2004 Nobel Prize .

Brock has been a Fellow of the Econometric Society since 1974 . He has been a member of the American Academy of Arts and Sciences since 1992 and of the National Academy of Sciences since 1998 . In 2009 he received an honorary doctorate from the University of Amsterdam .

Works

The following list shows a selection of Brock's published books, and he has also written numerous magazine articles and working papers.

  • with AG Malliaris : Stochastic Methods in Economics and Finance , 1981
  • Differential Equations, Stability and Chaos in Dynamic Economics with AG Malliaris, 1989
  • with David A. Hsieh and Blake LeBaron : Nonlinear Dynamics, Chaos, and Instability: Statistical Theory and Economic Evidence , 1991
  • Growth Theory, Nonlinear Dynamics and Economic Modeling , 2001

literature

Web links