Complexity in Economics: Emerging macro behaviour from micro interactions - Softcover

Ninka, Eniel

 
9781502782502: Complexity in Economics: Emerging macro behaviour from micro interactions
Softcover
ISBN 10: 1502782502 ISBN 13: 9781502782502
Verlag: CreateSpace Independent Publishing Platform, 2012

Inhaltsangabe

In this book we depart from the General Equilibrium theory with its godlike Walrasian Auctioneer and fully rational and perfectly foresighted agents. We build an evolving network of fully decentralized trades among bounded rational, adaptive agents, where explanations are not derived deductively, but generated from the analysis of interactions. The aim of this work is to build a model which, through simple rules of behaviour of agents at an individual level, manages to produce some empirical regularities at a micro and at a macro level. Such a model could be used in the future as a computational laboratory for conducting policy experiments.

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Verlag
CreateSpace Independent Publishing Platform
Erscheinungsdatum
2012
Sprache
Englisch
ISBN 10 
1502782502
ISBN 13 
9781502782502
Einband
Taschenbuch
Auflage
1
Anzahl der Seiten
124
Kontakt zum Hersteller
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