[Read] ➭ Agent-Based Models in Economics: A Toolkit ➵ Domenico Delli Gatti – Tactical-player.co.uk

Agent-Based Models in Economics: A Toolkit In Contrast To Mainstream Economics, Complexity Theory Conceives The Economy As A Complex System Of Heterogeneous Interacting Agents Characterised By Limited Information And Bounded Rationality Agent Based Models ABMs Are The Analytical And Computational Tools Developed By The Proponents Of This Emerging Methodology Aimed At Students And Scholars Of Contemporary Economics, This Book Includes A Comprehensive Toolkit For Agent Based Computational Economics, Now Quickly Becoming The New Way To Study Evolving Economic Systems Leading Scholars In The Field Explain How ABMs Can Be Applied Fruitfully To Many Real World Economic Examples And Represent A Great Advancement Over Mainstream Approaches The Essays Discuss The Methodological Bases Of Agent Based Approaches And Demonstrate Step By Step How To Build, Simulate And Analyse ABMs And How To Validate Their Outputs Empirically Using The Data They Also Present A Wide Set Of Applications Of These Models To Key Economic Topics, Including The Business Cycle, Labour Markets, And Economic Growth

About the Author: Domenico Delli Gatti

Is a well-known author, some of his books are a fascination for readers like in the Agent-Based Models in Economics: A Toolkit book, this is one of the most wanted Domenico Delli Gatti author readers around the world.

1 thoughts on “Agent-Based Models in Economics: A Toolkit

  1. says:

    Almost thirty years after an enticingly promising start, agent based modelling in economics is finally finding its feet This book delivers a fresh and constructive description of the state of the art.Last year 2017 Rick Bookstaber s The End of Theory made the case that the only way to get a grip on the implications of how people and institutions behave and interact in the real world

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