Artificial Economics The Generative Method in Economics /

• Corporate Author: SpringerLink (Online service)
• Other Authors: Hernández, Cesáreo (Editor), Posada, Marta (Editor), López-Paredes, Adolfo (Editor)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2009.
• Series: Lecture Notes in Economics and Mathematical Systems, 631
• Subjects: Economic theory.; Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.

Simulation is used in economics to solve large econometric models, for large-scale micro simulations, and to obtain numerical solutions for policy design in top-down established models. But these applications fail to take advantage of the methods offered by artificial economics (AE) through artifici...