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.
This biography of an American economist is a stub.