| William A. Brock | |
| Birth Date: | October 23, 1941 |
| Nationality: | American |
| Institutions: | --> |
| Field: | Mathematical economics |
| Alma Mater: | University of California, Berkeley University of Missouri |
| Doctoral Advisor: | David Gale |
| Doctoral Students: | Carlos Manuel Urzúa Macías Takashi Kamihigashi |
| Contributions: | Brock–Mirman model |
| Repec Prefix: | e |
| Repec Id: | pbr142 |
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.