Application of the Automata Theory to Economic Systems : Modelling, Simulation and Analysis

Barbora Bühnová

ISBN 10: 3838350545 / ISBN 13: 9783838350547

Editore: LAP LAMBERT Academic Publishing, 2010

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nach der Bestellung gedruckt Neuware - Printed after ordering - This work follows quite recent discovery that even very complex phenomena common in nature can emerge from interaction of a large number of agents following very simple behavioural rules, reflected in the automata-based fashion. After discussion of an appropriate methodology for examining models defined in this way, the thesis specifies, models, examines and interprets a selected economic system (fundamentalist/chartist stock market) in terms of simple interacting automata, and uses this experimental study to practically evaluate the strengths and weaknesses of the approach. This work should be especially useful to professionals in agent-based computational economics, helping them to get to the heart of automata models of economic agents, and providing them with guidelines of automata-based modelling and analysis in this context. Codice articolo 9783838350547

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Titolo: Application of the Automata Theory to ...

Casa editrice: LAP LAMBERT Academic Publishing

Data di pubblicazione: 2010

Legatura: Taschenbuch

Condizione: Neu

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Riassunto:

This work follows quite recent discovery that even very complex phenomena common in nature can emerge from interaction of a large number of agents following very simple behavioural rules, reflected in the automata-based fashion. After discussion of an appropriate methodology for examining models defined in this way, the thesis specifies, models, examines and interprets a selected economic system (fundamentalist/chartist stock market) in terms of simple interacting automata, and uses this experimental study to practically evaluate the strengths and weaknesses of the approach. This work should be especially useful to professionals in agent-based computational economics, helping them to get to the heart of automata models of economic agents, and providing them with guidelines of automata-based modelling and analysis in this context.