This book is devoted to the study of evolution of nonequilibrium systems. Such a system usually consists of regions with different dominant scales, which coexis

Stemming from the IHP trimester "Stochastic Dynamics Out of Equilibrium", this collection of contributions focuses on aspects of nonequilibrium dynamics and its

A comprehensive and unified introduction to describing and understanding complex interacting systems.

Optimal growth theory studies the problem of efficient resource allocation over time, a fundamental concern of economic research. Since the 1970s, the technique

Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. In order to solve these models, economists need to use many m