Agent-Based Models in Economics

- A Toolkit

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Agent-Based Models in Economics
Format:
Bog, hardback
Udgivelsesdato:
22-03-2018
Sprog:
Engelsk
  • Beskrivelse
  • Yderligere info
  • Anmeldelser

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.

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Bog, paperback

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Udgivelsesdato:
22-03-2018
ISBN13:
9781108414999
Vægt:
550 g
Dybde:
16 mm
Bredde:
157 mm
Højde:
235 mm
Format:
Hardback
  • Forfattere

  • Bibliotekernes beskrivelse

    Edited by several of the leading figures in the field, this is the first book to provide a state-of-the-art, accessibly written methodological introduction to the tools and techniques of agent-based modelling. Using these building blocks, readers will learn how to design, simulate, and validate agent-based models in economics. Worked examples or Exercises

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Agent-Based Models in Economics

- A Toolkit

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  • Leveringstid 2-3 uger
  • Forventet levering 14-10-2019

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