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.
Cesáreo Hernández & Marta Posada
Artificial Economics
The Generative Method in Economics
Artificial Economics
The Generative Method in Economics
Idioma Inglés ● Formato PDF ● Páginas 268 ● ISBN 9783642029561 ● Tamaño de archivo 6.3 MB ● Editor Cesáreo Hernández & Marta Posada ● Editorial Springer Berlin ● Ciudad Heidelberg ● País DE ● Publicado 2010 ● Descargable 24 meses ● Divisa EUR ● ID 2170831 ● Protección de copia DRM social