Complexity and Artificial Markets

• Corporate Author: SpringerLink (Online service)
• Other Authors: Schredelseker, Klaus (Editor), Hauser, Florian (Editor)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2008.
• Series: Lecture Notes in Economics and Mathematical Systems, 614
• Subjects: Application software.; Statistical physics.; Dynamical systems.; Economic theory.; Econometrics.; Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.; Computer Appl. in Social and Behavioral Sciences.; Statistical Physics, Dynamical Systems and Complexity.

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 ma...