Economics with Heterogeneous Interacting Agents

A Practical Guide to Agent-Based Modeling

AvAlessandro Caiani,Alberto Russo

Inbunden, Engelska, 2016

Del i serien New Economic Windows

1 326 kr

Beställningsvara. Skickas inom 10-15 vardagar. Fri frakt över 249 kr.

Fler format och utgåvor

Häftad

1 326 kr

Häftad

1 139 kr

Beskrivning

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.

Produktinformation

Utgivningsdatum:2016-09-30
Mått:155 x 235 x 18 mm
Vikt:506 g
Format:Inbunden
Språk:Engelska
Serie:New Economic Windows
Antal sidor:205
Upplaga:16001
Förlag:Springer International Publishing AG
ISBN:9783319440569

Utforska kategorier

Mer om författaren

Mauro Gallegati is Professor of Economics at the Polytechnic University of Marche (Ancona, Italy). His research includes business fluctuations, nonlinear dynamics, models of financial fragility, and heterogeneous interacting agents. He has published books and many papers in leading journals in the fields of economics, economic history and history of economic analysis, nonlinear mathematics, applied economics, complexity, and econophysics. He has been involved in several international research projects since 2004.

Recensioner i media

“The book is constructed and written in a clear manner. It provides a proper literature review on the ABM literature and on traditional economics. … The book is intended for graduate and Ph.D. students.” (Wei-Bin Zhang, Journal of Economic Interaction and Coordination, Vol. 13, 2018)“This volume provides an excellent, hands-on introduction to agent-based modeling in macroeconomics and finance. … it strikes a good balance between parsimony and detailed instruction. By working with this text and its online code, a student or scholar can ramp up fairly quickly to running his/her own computational experiments in R or C. … In summary, this is a highly valuable contribution.” (Christophre Georges, Journal ofEconomic Literature, Vol. 55 (2), June, 2017)

Innehållsförteckning

Part I Introduction to Agent Based Economics (Editors).- A brief historical and theoretical overview of the methodology.- From the micro to the macro.- Part II Getting started: The logical structure of an AB model.- Thinking agents and their behaviors.- Thinking market structures.- Defining the timing of the simulation model.- Part III Implementing the model.- A simple model of business fluctuations with heterogeneous interacting agents and credit networks.- Modeling financial markets in an agent-based framework.- Part IV Analyzing and validating the model.- Validation and calibration.- Scenario and policy analysis.- Economic networks analysis.- Testing micro heuristics in the lab.- Appendix/Website: Source codes of the applications presented.

Mer från samma författare

Economics with Heterogeneous Interacting Agents

Mauro Gallegati, Antonio Palestrini, Alberto Russo, Alessandro Caiani

E-bok

2016

1 746 kr

Mer från samma serie

How Labor Powers the Global Economy

Emmanuel D. Farjoun, Moshé Machover, David Zachariah

Inbunden, 2022

1 106 kr

How Labor Powers the Global Economy

Emmanuel D. Farjoun, Moshé Machover, David Zachariah

Häftad, 2023

1 106 kr

Complex Agent-Based Models

Mauro Gallegati

Häftad, 2019

996 kr

New Perspectives and Challenges in Econophysics and Sociophysics

Frédéric Abergel, Bikas K. Chakrabarti, Anirban Chakraborti, Nivedita Deo, Kiran Sharma

Inbunden, 2019

1 436 kr

Quantum Decision Theory and Complexity Modelling in Economics and Public Policy

Anirban Chakraborti, Emmanuel Haven, Sudip Patra, Naresh Singh

Inbunden, 2023

2 271 kr

Quantum Decision Theory and Complexity Modelling in Economics and Public Policy

Anirban Chakraborti, Emmanuel Haven, Sudip Patra, Naresh Singh

Häftad, 2024

1 592 kr

Systemic Risk and Complex Networks in Modern Financial Systems

Vincenzo Pacelli

Inbunden, 2024

573 kr

Systemic Risk and Complex Networks in Modern Financial Systems

Vincenzo Pacelli

Häftad, 2025

460 kr

Complexity and Emergence in Market Ecosystems

Debora Sarno, Francesco Polese, Stephen Louis Vargo

Inbunden, 2025

1 705 kr

Complexity and Emergence in Market Ecosystems

Debora Sarno, Francesco Polese, Stephen Louis Vargo

Häftad, 2026

1 656 kr

Du kanske också är intresserad av

10% rabatt på allt

Adventskalender Ravensburger pussel 2026

Ravensburger

319 kr

Economics with Heterogeneous Interacting Agents

Alessandro Caiani, Alberto Russo, Antonio Palestrini, Mauro Gallegati

Häftad, 2018

1 326 kr

Agent-Based Models in Economics

Domenico Delli Gatti, Giorgio Fagiolo, Mauro Gallegati, Matteo Richiardi, Alberto Russo

Häftad, 2018

491 kr

Introduction to Agent-Based Economics

Mauro Gallegati, Antonio Palestrini, Alberto Russo

Inbunden, 2017

1 018 kr

Introduction to Agent-Based Economics

Alberto Russo, Antonio Palestrini, Mauro Gallegati

E-bok

2017

1 459 kr

Emergent Macroeconomics

Antonio Palestrini, Gianfranco Giulioni, Mauro Gallegati, Edoardo Gaffeo, Domenico Gatti

E-bok

2008

739 kr

Agent-Based Models in Economics

Alberto Russo, Matteo Richiardi, Mauro Gallegati, Giorgio Fagiolo, Domenico Delli Gatti

E-bok

2018

473 kr

Emergent Macroeconomics

Domenico Gatti, Edoardo Gaffeo, Mauro Gallegati, Gianfranco Giulioni, Antonio Palestrini

Häftad, 2010

573 kr

Emergent Macroeconomics

Domenico Gatti, Edoardo Gaffeo, Mauro Gallegati, Gianfranco Giulioni, Antonio Palestrini

Inbunden, 2008

573 kr

Agent-Based Models in Economics

Alberto Russo, Matteo Richiardi, Mauro Gallegati, Giorgio Fagiolo, Domenico Delli Gatti

E-bok

2018

477 kr

Economics with Heterogeneous Interacting Agents

A Practical Guide to Agent-Based Modeling

AvAlessandro Caiani,Alberto Russo

Inbunden, Engelska, 2016

Del i serien New Economic Windows

1 326 kr

Beställningsvara. Skickas inom 10-15 vardagar. Fri frakt över 249 kr.

Fler format och utgåvor

Häftad

1 326 kr

Häftad

1 139 kr

Beskrivning

Produktinformation

Utgivningsdatum:2016-09-30
Mått:155 x 235 x 18 mm
Vikt:506 g
Format:Inbunden
Språk:Engelska
Serie:New Economic Windows
Antal sidor:205
Upplaga:16001
Förlag:Springer International Publishing AG
ISBN:9783319440569

Utforska kategorier

Mer om författaren

Recensioner i media

Innehållsförteckning

Part I Introduction to Agent Based Economics (Editors).- A brief historical and theoretical overview of the methodology.- From the micro to the macro.- Part II Getting started: The logical structure of an AB model.- Thinking agents and their behaviors.- Thinking market structures.- Defining the timing of the simulation model.- Part III Implementing the model.- A simple model of business fluctuations with heterogeneous interacting agents and credit networks.- Modeling financial markets in an agent-based framework.- Part IV Analyzing and validating the model.- Validation and calibration.- Scenario and policy analysis.- Economic networks analysis.- Testing micro heuristics in the lab.- Appendix/Website: Source codes of the applications presented.