Computational Economics: Heterogeneous Agent Modeling

2018-06-27 Business & Economics

Author : Cars Hommes
Release : 2018-06-27
Genre : Business & Economics
Kind : eBook
Book Rating : 327/5 ( reviews)

GET EBOOK

Book Synopsis Computational Economics: Heterogeneous Agent Modeling by : Cars Hommes

Download or read book Computational Economics: Heterogeneous Agent Modeling written by Cars Hommes. This book was released on 2018-06-27. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Computational Economics: Heterogeneous Agent Modeling, Volume Four, focuses on heterogeneous agent models, emphasizing recent advances in macroeconomics (including DSGE), finance, empirical validation and experiments, networks and related applications. Capturing the advances made since the publication of Volume Two (Tesfatsion & Judd, 2006), it provides high-level literature with sections devoted to Macroeconomics, Finance, Empirical Validation and Experiments, Networks, and other applications, including Innovation Diffusion in Heterogeneous Populations, Market Design and Electricity Markets, and a final section on Perspectives on Heterogeneity. Helps readers fully understand the dynamic properties of realistically rendered economic systems Emphasizes detailed specifications of structural conditions, institutional arrangements and behavioral dispositions Provides broad assessments that can lead researchers to recognize new synergies and opportunities

Computational Economics: Heterogeneous Agent Modeling

2018-06-19 Business & Economics

Author : Cars Hommes
Release : 2018-06-19
Genre : Business & Economics
Kind : eBook
Book Rating : 311/5 ( reviews)

GET EBOOK

Book Synopsis Computational Economics: Heterogeneous Agent Modeling by : Cars Hommes

Download or read book Computational Economics: Heterogeneous Agent Modeling written by Cars Hommes. This book was released on 2018-06-19. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Computational Economics: Heterogeneous Agent Modeling, Volume Four, focuses on heterogeneous agent models, emphasizing recent advances in macroeconomics (including DSGE), finance, empirical validation and experiments, networks and related applications. Capturing the advances made since the publication of Volume Two (Tesfatsion & Judd, 2006), it provides high-level literature with sections devoted to Macroeconomics, Finance, Empirical Validation and Experiments, Networks, and other applications, including Innovation Diffusion in Heterogeneous Populations, Market Design and Electricity Markets, and a final section on Perspectives on Heterogeneity.

Economics with Heterogeneous Interacting Agents

2016-09-21 Business & Economics

Author : Alessandro Caiani
Release : 2016-09-21
Genre : Business & Economics
Kind : eBook
Book Rating : 586/5 ( reviews)

GET EBOOK

Book Synopsis Economics with Heterogeneous Interacting Agents by : Alessandro Caiani

Download or read book Economics with Heterogeneous Interacting Agents written by Alessandro Caiani. This book was released on 2016-09-21. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a practical guide to Agent Based economic modeling, adopting a “learning by doing” approach to help the reader master the fundamental tools needed to create and analyze Agent Based models. After providing them with a basic “toolkit” for Agent Based modeling, it present and discusses didactic models of real financial and economic systems in detail. While stressing the main features and advantages of the bottom-up perspective inherent to this approach, the book also highlights the logic and practical steps that characterize the model building procedure. A detailed description of the underlying codes, developed using R and C, is also provided. In addition, each didactic model is accompanied by exercises and applications designed to promote active learning on the part of the reader. Following the same approach, the book also presents several complementary tools required for the analysis and validation of the models, such as sensitivity experiments, calibration exercises, economic network and statistical distributions analysis. By the end of the book, the reader will have gained a deeper understanding of the Agent Based methodology and be prepared to use the fundamental techniques required to start developing their own economic models. Accordingly, “Economics with Heterogeneous Interacting Agents” will be of particular interest to graduate and postgraduate students, as well as to academic institutions and lecturers interested in including an overview of the AB approach to economic modeling in their courses.

Handbook of Computational Economics

2006-05-15 Business & Economics

Author : Leigh Tesfatsion
Release : 2006-05-15
Genre : Business & Economics
Kind : eBook
Book Rating : 870/5 ( reviews)

GET EBOOK

Book Synopsis Handbook of Computational Economics by : Leigh Tesfatsion

Download or read book Handbook of Computational Economics written by Leigh Tesfatsion. This book was released on 2006-05-15. Available in PDF, EPUB and Kindle. Book excerpt: The explosive growth in computational power over the past several decades offers new tools and opportunities for economists. This handbook volume surveys recent research on Agent-based Computational Economics (ACE), the computational study of economic processes modeled as dynamic systems of interacting agents. Empirical referents for "agents" in ACE models can range from individuals or social groups with learning capabilities to physical world features with no cognitive function. Topics covered include: learning; empirical validation; network economics; social dynamics; financial markets; innovation and technological change; organizations; market design; automated markets and trading agents; political economy; social-ecological systems; computational laboratory development; and general methodological issues. *Every volume contains contributions from leading researchers *Each Handbook presents an accurate, self-contained survey of a particular topic *The series provides comprehensive and accessible surveys

Handbook of Computational Economics

2013-12-31 Business & Economics

Author : Karl Schmedders
Release : 2013-12-31
Genre : Business & Economics
Kind : eBook
Book Rating : 782/5 ( reviews)

GET EBOOK

Book Synopsis Handbook of Computational Economics by : Karl Schmedders

Download or read book Handbook of Computational Economics written by Karl Schmedders. This book was released on 2013-12-31. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Computational Economics summarizes recent advances in economic thought, revealing some of the potential offered by modern computational methods. With computational power increasing in hardware and algorithms, many economists are closing the gap between economic practice and the frontiers of computational mathematics. In their efforts to accelerate the incorporation of computational power into mainstream research, contributors to this volume update the improvements in algorithms that have sharpened econometric tools, solution methods for dynamic optimization and equilibrium models, and applications to public finance, macroeconomics, and auctions. They also cover the switch to massive parallelism in the creation of more powerful computers, with advances in the development of high-power and high-throughput computing. Much more can be done to expand the value of computational modeling in economics. In conjunction with volume one (1996) and volume two (2006), this volume offers a remarkable picture of the recent development of economics as a science as well as an exciting preview of its future potential. Samples different styles and approaches, reflecting the breadth of computational economics as practiced today Focuses on problems with few well-developed solutions in the literature of other disciplines Emphasizes the potential for increasing the value of computational modeling in economics

Popular eBooks

Computational Economics: Heterogeneous Agent Modeling

Computational Economics: Heterogeneous Agent Modeling

Economics with Heterogeneous Interacting Agents

Handbook of Computational Economics

Handbook of Computational Economics

You may also like...