Complexity and Artificial Markets |
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Author:
| Schredelseker, Klaus Hauser, Florian |
Editor:
| Schredelseker, Klaus Hauser, Florian |
Series title: | Lecture Notes in Economic and Mathematical Systems Ser. |
ISBN: | 978-1-281-86203-7 |
Publication Date: | Jan 2009 |
Publisher: | Springer
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Book Format: | Ebook |
List Price: | USD $258.00 |
Book Description:
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In recent years, agent-based simulation has become a widely accepted tool when dealing with complexity in economics and other social sciences. The contributions presented in this book apply agent-based methods to derive results from complex models related to market mechanisms, evolution, decision making, and information economics. In addition, the applicability of agent-based methods to complex problems in economics is discussed from a methodological perspective. The papers presented...
More DescriptionIn recent years, agent-based simulation has become a widely accepted tool when dealing with complexity in economics and other social sciences. The contributions presented in this book apply agent-based methods to derive results from complex models related to market mechanisms, evolution, decision making, and information economics. In addition, the applicability of agent-based methods to complex problems in economics is discussed from a methodological perspective. The papers presented in this collection combine approaches from economics, finance, computer science, natural sciences, philosophy, and cognitive sciences.