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"Computer models can help us understand what appear to be the most private of all human experiences ... a mathematical theory can fundamentally change the way in which we think about learning, creativity, thinking, and acting." (x).
This book provides fresh insights into concepts, methods and new research findings on the causes of excessive food price volatility. It also discusses the implications for food security and policy responses to mitigate excessive volatility. The approaches applied by the contributors range from on-the-ground surveys, to panel econometrics and innovative high-frequency time series analysis as well as computational economics methods. It offers policy analysts and decision-makers guidance on dealing with extreme volatility.