Complexity and Artificial Markets by Klaus Schredelseker, Florian Hauser
English | PDF (True)| 2008 | 235 Pages | ISBN : 3540705538 | 3.3 MB
In recent years, agent-based simulation has become a widely accepted tool when dealing with complexity in economics and other social sciences. The contributions presented in this book apply agent-based methods to derive results from complex models related to market mechanisms, evolution, decision making, and information economics. In addition, the applicability of agent-based methods to complex problems in economics is discussed from a methodological perspective. The papers presented in this collection combine approaches from economics, finance, computer science, natural sciences, philosophy, and cognitive sciences.