Artificial Economics : The Generative Method in Economics

Cesáreo Hernández

ISBN 10: 3642029558 / ISBN 13: 9783642029554

Editore: Springer Berlin Heidelberg, 2009

Riguardo questo articolo

Druck auf Anfrage Neuware - Printed after ordering - Simulation is used in economics to solve large econometric models, for large-scale micro simulations, and to obtain numerical solutions for policy design in top-down established models. But these applications fail to take advantage of the methods offered by artificial economics (AE) through artificial intelligence and distributed computing. AE is a bottom-up and generative approach of agent-based modelling developed to get a deeper insight into the complexity of economics. AE can be viewed as a very elegant and general class of modelling techniques that generalize numerical economics, mathematical programming and micro simulation approaches. The papers presented in this book address methodological questions and applications of AE to macroeconomics, industrial organization, information and learning, market dynamics, finance and financial markets. Codice articolo 9783642029554

Dati bibliografici

Titolo: Artificial Economics : The Generative Method...

Casa editrice: Springer Berlin Heidelberg

Data di pubblicazione: 2009

Legatura: Taschenbuch

Condizione: Neu

Descrizione articolo

Riassunto:

The papers presented in this book address methodological questions and applications of artificial economics (AE) to macroeconomics, industrial organization, information and learning, market dynamics, finance and financial markets.

Recensione:

From the reviews: “Artificial Economics: The Generative Method in Economics represents the proceedings of the Artificial Economics Conference ... . Given the breadth of topics covered – from Auction Theory to labor markets ... certainly something to be found for everybody with an interest in Agent–Based Modeling in economics. ... I have enjoyed reading the contributions to this volume. ... This volume is an impressive snapshot of the current state of the art in Agent–Based Computational Economics and host to a lot of fresh ideas ... .” (Wolfgang Radax, Journal of Artificial Societies and Social Simulation, Vol. 13 (1), 2010)