Agent-based modelling in economics
Lynne Hamill and Nigel Gilbert, Centre for Research in Social Simulation (CRESS), University of Surrey, UK
New methods of economic modelling have been sought as a result of the global economic downturn in 2008.This unique book highlights the benefits of an agent-based modelling (ABM) approach. It demonstrates how ABM can easily handle complexity: heterogeneous people, households and firms interacting dynamically. Unlike traditional methods, ABM does not require people or firms to optimise or economic systems to reach equilibrium. ABM offers a way to link micro foundations directly to the macro situation.
Key features:
Agent-based Modelling in Economics provides students and researchers with the skills to design, implement, and analyze agent-based models. Third year undergraduate, master and doctoral students, faculty and professional economists will find this book an invaluable resource.
Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.
Spese di spedizione:
GRATIS
Da: Regno Unito a: U.S.A.
Descrizione libro John Wiley Sons Inc, United States, 2016. Hardback. Condizione: New. 1. Auflage. Language: English . Brand New Book. Agent-based modelling in economics Lynne Hamill and Nigel Gilbert, Centre for Research in Social Simulation (CRESS), University of Surrey, UK New methods of economic modelling have been sought as a result of the global economic downturn in 2008.This unique book highlights the benefits of an agent-based modelling (ABM) approach. It demonstrates how ABM can easily handle complexity: heterogeneous people, households and firms interacting dynamically. Unlike traditional methods, ABM does not require people or firms to optimise or economic systems to reach equilibrium. ABM offers a way to link micro foundations directly to the macro situation. Key features: * Introduces the concept of agent-based modelling and shows how it differs from existing approaches. * Provides a theoretical and methodological rationale for using ABM in economics, along with practical advice on how to design and create the models. * Each chapter starts with a short summary of the relevant economic theory and then shows how to apply ABM. * Explores both topics covered in basic economics textbooks and current important policy themes; unemployment, exchange rates, banking and environmental issues. * Describes the models in pseudocode, enabling the reader to develop programs in their chosen language. * Supported by a website featuring the NetLogo models described in the book. Agent-based Modelling in Economics provides students and researchers with the skills to design, implement, and analyze agent-based models. Third year undergraduate, master and doctoral students, faculty and professional economists will find this book an invaluable resource. Codice articolo AAZ9781118456071
Descrizione libro Condizione: New. Codice articolo 17855358-n
Descrizione libro John Wiley Sons Inc, United States, 2016. Hardback. Condizione: New. 1. Auflage. Language: English . Brand New Book. Agent-based modelling in economics Lynne Hamill and Nigel Gilbert, Centre for Research in Social Simulation (CRESS), University of Surrey, UK New methods of economic modelling have been sought as a result of the global economic downturn in 2008.This unique book highlights the benefits of an agent-based modelling (ABM) approach. It demonstrates how ABM can easily handle complexity: heterogeneous people, households and firms interacting dynamically. Unlike traditional methods, ABM does not require people or firms to optimise or economic systems to reach equilibrium. ABM offers a way to link micro foundations directly to the macro situation. Key features: * Introduces the concept of agent-based modelling and shows how it differs from existing approaches. * Provides a theoretical and methodological rationale for using ABM in economics, along with practical advice on how to design and create the models. * Each chapter starts with a short summary of the relevant economic theory and then shows how to apply ABM. * Explores both topics covered in basic economics textbooks and current important policy themes; unemployment, exchange rates, banking and environmental issues. * Describes the models in pseudocode, enabling the reader to develop programs in their chosen language. * Supported by a website featuring the NetLogo models described in the book. Agent-based Modelling in Economics provides students and researchers with the skills to design, implement, and analyze agent-based models. Third year undergraduate, master and doctoral students, faculty and professional economists will find this book an invaluable resource. Codice articolo AAZ9781118456071
Descrizione libro John Wiley and Sons. Condizione: New. Brand New. Codice articolo 1118456076
Descrizione libro Condizione: New. Bookseller Inventory # ST1118456076. Codice articolo ST1118456076
Descrizione libro Wiley 2016-01-12, Chichester, West Sussex, 2016. hardback. Condizione: New. Codice articolo 9781118456071
Descrizione libro John Wiley & Sons Inc. Hardback. Condizione: New. New copy - Usually dispatched within 2 working days. Codice articolo B9781118456071
Descrizione libro Wileyand#8211;Blackwell, 2016. HRD. Condizione: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Codice articolo FW-9781118456071
Descrizione libro Wiley, 2016. Condizione: New. Agent-based modelling in economics Lynne Hamill and Nigel Gilbert, Centre for Research in Social Simulation (CRESS), University of Surrey, UK New methods of economic modelling have been sought as a result of the global economic downturn in 2008. Num Pages: 256 pages. BIC Classification: KCA. Category: (P) Professional & Vocational. . . 2016. 1st Edition. Hardcover. . . . . . Codice articolo V9781118456071
Descrizione libro Wiley-Blackwell, 2016. Condizione: New. book. Codice articolo ria9781118456071_rkm