William A. Brock

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

• "Robust Control and Hot Spots in Dynamic Spatially Interconnected Systems".Brock/Xepapadeas August 15, 2010 paper
• "The Emergence of Optimal Agglomeration in Dynamic Economics".Brock/Xepapadeas Oct. 16, 2009 paper
• "A General Test for Nonlinear Granger Causality: Bivariate Model" Baek/Brock paper

Books

• "Growth Theory, Nonlinear Dynamics and Economic Modelling: Scientific Essays of William Allen Brock". 2001

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. 

External links

• William A. Brock at the Mathematics Genealogy Project
• William Allen Brock: Distinguished Fellow 2004 (bio from American Economic Association)