Economics as an agent-based complex system
toward agent-based social systems sciences
- ISBN: 9784431209850
- Editorial: Springer Verlag Gmbh & Co. Kg
- Fecha de la edición: 2004
- Lugar de la edición: Tokyo. None
- Encuadernación: Cartoné
- Medidas: 24 cm
- Nº Pág.: 261
- Idiomas: Inglés
In agent-based modeling the focus is very much on agent-based simulation, as simulation is a very important tool for agent-based modeling. We also use agent-based simulation in this book with a stress on the mathematical foundation of agent-based modeling. We introduce two original mathematical frameworks, a theory of SLD (Social Learning Dynamics) and an axiomatic theory of economic exchange (Exchange Algebra) among agents. Exchange algebra gives bottom-up reconstruction of SNA (System of National Accountings). SLD provides the concept of indirect control of socio-economic systems to manage structural change and its stability. We also compare agent-based simulation with gaming simulation and investigate the epistemological foundation of agent-based modeling.