Description: Agent-Based Models in Economics: A Toolkit Cambridge University Press Hardcover Unused and unread, cosmetic imperfections such as scuffs, creases or knocks. Stamped 'damaged' by publisher to a non-text page. EAN: 9781108414999 Published 22/03/2018 Language: English 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. 1. Introduction 2. Agent-based computational economics what, why, when 3. Agent-based models as recursive systems 4. Rationality, behaviour and expectations 5. Agents' behaviour and learning 6. Interaction 7. The agent-based experiment 8. Empirical validation of agent-based models 9. Estimation of agent-based models 10. Epilogue. DispatchIn stock here - same-day dispatch from England. My SKU: 3275123RefundsNo-hassle refunds are always available if your book is not as expected.Terms and Conditions of SaleSorry - no collections. All sales are subject to extended Terms and Conditions of Sale as well as the Return Policy and Payment Instructions. Visit my eBay Store for details andmany more books. Template layout and design, "JNC Academic Books", "needbooks", Copyright © JNC INC. Designated trademarks, layouts and brands are the property of their respective owners. All Rights Reserved.
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Title: Agent-Based Models in Economics: A Toolkit
ISBN: 1108414990
Pages: 260
Number of Pages: 260 Pages
Language: English
Publication Name: Agent-Based Models in Economics: a Toolkit
Publisher: Cambridge University Press
Publication Year: 2018
Subject: Economics, Computer Science, Mathematics
Item Height: 235 mm
Item Weight: 550 g
Type: Textbook
Author: Giorgio Fagiolo, Domenico Delli Gatti, Mauro Gallegati, Matteo Richiardi, Alberto Russo
Item Width: 157 mm
Format: Hardcover
