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Advances in Artificial Economics

Name: Advances in Artificial Economics
Brand: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
SKU: 01562459
Price: 102.12 EUR
Availability: InStock
Author: Charlotte Bruun
ISBN: 9783540372479

The Economy as a Complex Dynamic System

Charlotte Bruun

Language

English

Book Paperback

Libristo code: 01562459

Publishers Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, September 2006

Perceiving the economy as a complex dynamic system, generates a need for new tools for its study. As... Full description

Libristo code: 01562459

249 b

102.12 €

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Perceiving the economy as a complex dynamic system, generates a need for new tools for its study. As a constructive simulation method, Agent-Based Computational Economics (ACE) has in recent years proven its strength and extensive applicability. Fields of study are widely spread within economics, with a cluster around financial markets. This book is based on communications given at AE 2006 (Aalborg, Denmark) the second symposium on Artificial Economics, and covers both wellknown questions of economics, like the existence of market efficiency, as well as new questions raised by the new tools, for example questions related to networks of social interaction.