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Agent-Based modelling  in economics

Agent-Based modelling in economics

  • ISBN: 9781118456071
  • Editorial: John Wiley & Sons Limited
  • Lugar de la edición: West Sussex. Reino Unido
  • Encuadernación: Cartoné
  • Medidas: 23 cm
  • Nº Pág.: 245
  • Idiomas: Inglés

Papel: Cartoné
63,08 €
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Resumen

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 reach equilibrium.

Resumen

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