Agent-Based modelling in economics
- ISBN: 9781118456071
- Editorial: John Wiley & Sons Limited
- Fecha de la edición: 2016
- Lugar de la edición: West Sussex. Reino Unido
- Encuadernación: Cartoné
- Medidas: 23 cm
- Nº Pág.: 245
- Idiomas: Inglés
Papel: Cartoné
73,48 €
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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.
