Introduction to Agent Based Economics

Book Introduction to Agent Based Economics Cover

Read or download book entitled Introduction to Agent Based Economics written by Mauro Gallegati and published by Academic Press in PDF, EPUB and Kindle Format. Click Get This Book button to download or read online books. Join over 650.000 happy Readers and READ as many books as you like. We cannot guarantee that Introduction to Agent Based Economics book is available in the library.

  • Publisher : Academic Press
  • Release : 03 August 2017
  • ISBN : 9780128039038
  • Page : 274 pages
  • Rating : 4.5/5 from 103 voters

Download Introduction to Agent Based Economics in PDF, Epub and Kindle

Introduction to Agent-Based Economics describes the principal elements of agent-based computational economics (ACE). It illustrates ACE’s theoretical foundations, which are rooted in the application of the concept of complexity to the social sciences, and it depicts its growth and development from a non-linear out-of-equilibrium approach to a state-of-the-art agent-based macroeconomics. The book helps readers gain a better understanding of the limits and perspectives of the ACE models and their capacity to reproduce economic phenomena and empirical patterns. Reviews the literature of agent-based computational economics Analyzes approaches to agents’ expectations Covers one of the few large macroeconomic agent-based models, the Modellaccio Illustrates both analytical and computational methodologies for producing tractable solutions of macro ACE models Describes diffusion and amplification mechanisms Depicts macroeconomic experiments related to ACE implementations

GET THIS BOOK

Introduction to Agent-Based Economics

Introduction to Agent-Based Economics
  • Author : Mauro Gallegati,Antonio Palestrini,Alberto Russo
  • Publisher : Academic Press
  • Release Date : 2017-08-03
  • ISBN : 9780128039038
GET THIS BOOKIntroduction to Agent-Based Economics

Introduction to Agent-Based Economics describes the principal elements of agent-based computational economics (ACE). It illustrates ACE’s theoretical foundations, which are rooted in the application of the concept of complexity to the social sciences, and it depicts its growth and development from a non-linear out-of-equilibrium approach to a state-of-the-art agent-based macroeconomics. The book helps readers gain a better understanding of the limits and perspectives of the ACE models and their capacity to reproduce economic phenomena and empirical patterns. Reviews the

Agent-Based Models in Economics

Agent-Based Models in Economics
  • Author : Domenico Delli Gatti,Giorgio Fagiolo,Mauro Gallegati,Alberto Russo
  • Publisher : Cambridge University Press
  • Release Date : 2018-03-22
  • ISBN : 9781108414999
GET THIS BOOKAgent-Based Models in Economics

The first step-by-step introduction to the methodology of agent-based models in economics, their mathematical and statistical analysis, and real-world applications.

Agent-Based Modelling in Economics

Agent-Based Modelling in Economics
  • Author : Lynne Hamill,Nigel Gilbert
  • Publisher : John Wiley & Sons
  • Release Date : 2016-01-19
  • ISBN : 9781118456071
GET THIS BOOKAgent-Based Modelling in Economics

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

Economics with Heterogeneous Interacting Agents

Economics with Heterogeneous Interacting Agents
  • Author : Alessandro Caiani,Alberto Russo,Antonio Palestrini,Mauro Gallegati
  • Publisher : Springer
  • Release Date : 2016-09-21
  • ISBN : 9783319440583
GET THIS BOOKEconomics with Heterogeneous Interacting Agents

This book offers a practical guide to Agent Based economic modeling, adopting a “learning by doing” approach to help the reader master the fundamental tools needed to create and analyze Agent Based models. After providing them with a basic “toolkit” for Agent Based modeling, it present and discusses didactic models of real financial and economic systems in detail. While stressing the main features and advantages of the bottom-up perspective inherent to this approach, the book also highlights the logic and

Agent-Based Computational Economics

Agent-Based Computational Economics
  • Author : Shu-Heng Chen
  • Publisher : Routledge
  • Release Date : 2017-09-19
  • ISBN : 9781317560920
GET THIS BOOKAgent-Based Computational Economics

This book aims to answer two questions that are fundamental to the study of agent-based economic models: what is agent-based computational economics and why do we need agent-based economic modelling of economy? This book provides a review of the development of agent-based computational economics (ACE) from a perspective on how artificial economic agents are designed under the influences of complex sciences, experimental economics, artificial intelligence, evolutionary biology, psychology, anthropology and neuroscience. This book begins with a historical review of ACE

Agent-based Models of the Economy

Agent-based Models of the Economy
  • Author : Riccardo Boero,Matteo Morini,Michele Sonnessa,Pietro Terna
  • Publisher : Palgrave Macmillan
  • Release Date : 2015-06-17
  • ISBN : 1137339802
GET THIS BOOKAgent-based Models of the Economy

Agent-Based Models Of The Economy uses agent-based models for understanding a broad spectrum of economic phenomena. This book aim is twofold. First, it introduces the reader to the methodology and to the technicalities and the tools necessary to master the creation of agent-based models. Second, it presents several examples of applications to different economic phenomena where agent-based models are crucial in answering the research question and in solving practical problems emerged in business and policy domains (e.g., financial markets,

Agent-Based Computational Modelling

Agent-Based Computational Modelling
  • Author : Francesco C. Billari,Thomas Fent,Alexia Prskawetz,Jürgen Scheffran
  • Publisher : Taylor & Francis
  • Release Date : 2006-03-13
  • ISBN : 379081640X
GET THIS BOOKAgent-Based Computational Modelling

The present book describes the methodology to set up agent-based models and to study emerging patterns in complex adaptive systems resulting from multi-agent interaction. It offers the application of agent-based models in demography, social and economic sciences and environmental sciences. Examples include population dynamics, evolution of social norms, communication structures, patterns in eco-systems and socio-biology, natural resource management, spread of diseases and development processes. It presents and combines different approaches how to implement agent-based computational models and tools in an

An Introduction to Agent-Based Modeling

An Introduction to Agent-Based Modeling
  • Author : Uri Wilensky,William Rand
  • Publisher : MIT Press
  • Release Date : 2015-04-03
  • ISBN : 9780262731898
GET THIS BOOKAn Introduction to Agent-Based Modeling

A comprehensive and hands-on introduction to the core concepts, methods, and applications of agent-based modeling, including detailed NetLogo examples. The advent of widespread fast computing has enabled us to work on more complex problems and to build and analyze more complex models. This book provides an introduction to one of the primary methodologies for research in this new field of knowledge. Agent-based modeling (ABM) offers a new way of doing science: by conducting computer-based experiments. ABM is applicable to complex

Agent-Based and Individual-Based Modeling

Agent-Based and Individual-Based Modeling
  • Author : Steven F. Railsback,Volker Grimm
  • Publisher : Princeton University Press
  • Release Date : 2019-03-26
  • ISBN : 9780691190839
GET THIS BOOKAgent-Based and Individual-Based Modeling

The essential textbook on agent-based modeling—now fully updated and expanded Agent-Based and Individual-Based Modeling has become the standard textbook on the subject for classroom use and self-instruction. Drawing on the latest version of NetLogo and fully updated with new examples, exercises, and an enhanced text for easier comprehension, this is the essential resource for anyone seeking to understand how the dynamics of biological, social, and other complex systems arise from the characteristics of the agents that make up these

Introduction to Agent-Based Economics

Introduction to Agent-Based Economics
  • Author : Mauro Gallegati,Alberto Russo
  • Publisher : Academic Press
  • Release Date : 2017-08-05
  • ISBN : 0128038349
GET THIS BOOKIntroduction to Agent-Based Economics

Introduction to Agent-Based Economics describes the principal elements of agent-based computational economics (ACE). It illustrates ACE's theoretical foundations, which are rooted in the application of the concept of complexity to the social sciences, and it depicts its growth and development from a non-linear out-of-equilibrium approach to a state-of-the-art agent-based macroeconomics. The book helps readers gain a better understanding of the limits and perspectives of the ACE models and their capacity to reproduce economic phenomena and empirical patterns. Reviews the literature

Handbook of Computational Economics

Handbook of Computational Economics
  • Author : Leigh Tesfatsion,Kenneth L. Judd
  • Publisher : Elsevier
  • Release Date : 2006-05-15
  • ISBN : 9780080459875
GET THIS BOOKHandbook of Computational Economics

The explosive growth in computational power over the past several decades offers new tools and opportunities for economists. This handbook volume surveys recent research on Agent-based Computational Economics (ACE), the computational study of economic processes modeled as dynamic systems of interacting agents. Empirical referents for "agents" in ACE models can range from individuals or social groups with learning capabilities to physical world features with no cognitive function. Topics covered include: learning; empirical validation; network economics; social dynamics; financial markets; innovation

Economic Simulations in Swarm: Agent-Based Modelling and Object Oriented Programming

Economic Simulations in Swarm: Agent-Based Modelling and Object Oriented Programming
  • Author : Francesco Luna,Benedikt Stefansson
  • Publisher : Springer Science & Business Media
  • Release Date : 2012-12-06
  • ISBN : 9781461546412
GET THIS BOOKEconomic Simulations in Swarm: Agent-Based Modelling and Object Oriented Programming

Computer simulations of economic systems are slowly gaining ground within the economic profession. However, such a process is hindered by a lack of communication among researchers who do not share a common language. For its object-oriented structure and its versatility, Swarm has the necessary characteristics to become a credible universal language of agent-based simulations. Economic Simulations in Swarm collects a series of original articles in such domains as macro and micro economics, industrial organization, monetary theory, and finance, all linked

Introduction to Discrete Event Simulation and Agent-based Modeling

Introduction to Discrete Event Simulation and Agent-based Modeling
  • Author : Theodore T. Allen
  • Publisher : Springer Science & Business Media
  • Release Date : 2011-01-12
  • ISBN : 9780857291394
GET THIS BOOKIntroduction to Discrete Event Simulation and Agent-based Modeling

Discrete event simulation and agent-based modeling are increasingly recognized as critical for diagnosing and solving process issues in complex systems. Introduction to Discrete Event Simulation and Agent-based Modeling covers the techniques needed for success in all phases of simulation projects. These include: • Definition – The reader will learn how to plan a project and communicate using a charter. • Input analysis – The reader will discover how to determine defensible sample sizes for all needed data collections. They will also learn how to

Agent-Based Modeling

Agent-Based Modeling
  • Author : Norman Ehrentreich
  • Publisher : Springer Science & Business Media
  • Release Date : 2007-10-30
  • ISBN : 9783540738787
GET THIS BOOKAgent-Based Modeling

This book reconciles the existence of technical trading with the Efficient Market Hypothesis. By analyzing a well-known agent-based model, the Santa Fe Institute Artificial Stock Market (SFI-ASM), it finds that when selective forces are weak, financial evolution cannot guarantee that only the fittest trading rules will survive. Its main contribution lies in the application of standard results from population genetics which have widely been neglected in the agent-based community.

Artificial Economics

Artificial Economics
  • Author : Ruben Mercado
  • Publisher : Cambridge University Press
  • Release Date : 2021-11-04
  • ISBN : 9781316517093
GET THIS BOOKArtificial Economics

An introductory overview of the methods, models and interdisciplinary links of artificial economics. Addresses the differences between the assumptions and methods of artificial economics and those of mainstream economics. This is one of the first books to fully address, in an intuitive and conceptual form, this new way of doing economics.