عنوان

Agent-based models in economics :

(Number (ISBN

1108400043

(Number (ISBN

1108414990

(Number (ISBN

9781108400046

(Number (ISBN

9781108414999

Erroneous ISBN

9781108227278

Title Proper

Agent-based models in economics :

General Material Designation

[Book]

Other Title Information

a toolkit /

First Statement of Responsibility

edited by Domenico Delli Gatti [and four others].

Place of Publication, Distribution, etc.

New York, NY :

Name of Publisher, Distributor, etc.

Cambridge University Press,

Date of Publication, Distribution, etc.

2018.

Date of Publication, Distribution, etc.

©2018

Specific Material Designation and Extent of Item

xviii, 241 pages :

Other Physical Details

illustrations ;

Dimensions

23 cm

Text of Note

Includes bibliographical references and index.

Text of Note

Introduction -- Agent-based computational economics: what, why, when -- Agent-based models as recursive systems -- Rationality, behavior, and expectations -- Agents' behavior and learning -- Interaction -- The agent-based experiment -- Emperical validation of agent-based models -- Estimation of agent-based models -- Epilogue.

0

Text of Note

In contrast to mainstream economics, complexity theory conceives the economy as a complex system of heterogeneous interacting agents characterised by limited information and bounded rationality. Agent Based Models (ABMs) are the analytical and computational tools developed by the proponents of this emerging methodology. Aimed at students and scholars of contemporary economics, this book includes a comprehensive toolkit for agent-based computational economics, now quickly becoming the new way to study evolving economic systems. Leading scholars in the field explain how ABMs can be applied fruitfully to many real-world economic examples and represent a great advancement over mainstream approaches. The essays discuss the methodological bases of agent-based approaches and demonstrate step-by-step how to build, simulate and analyse ABMs and how to validate their outputs empirically using the data. They also present a wide set of applications of these models to key economic topics, including the business cycle, labour markets, and economic growth. --

Econometric models.

Economics-- Mathematical models.

Agent

Econometric models.

Economics-- Mathematical models.

Komplexes System

Makroökonomisches Modell

Mehragentensystem

Ökonometrie

Wirtschaftsmodell

Number

Edition

Class number

Book number

Delli Gatti, Domenico

Date of Transaction

20200822150729.0

Cataloguing Rules (Descriptive Conventions))

rda

Electronic name

[Book]

Y