By Shu-Heng Chen
This booklet goals to reply to questions which are basic to the research of agent-based monetary types: what's agent-based computational economics and why can we desire agent-based monetary modelling of financial system? This publication offers a evaluation of the improvement of agent-based computational economics (ACE) from a standpoint on how synthetic monetary brokers are designed below the affects of complicated sciences, experimental economics, synthetic intelligence, evolutionary biology, psychology, anthropology and neuroscience.
This e-book starts with a old assessment of ACE through tracing its origins. From a modelling point of view, ACE brings really decentralized strategies into industry research, from a unmarried marketplace to the full economic system. This booklet additionally reports how experimental economics and synthetic intelligence have formed the advance of ACE. For the previous, the e-book discusses how ACE versions can be utilized to examine the industrial outcomes of cognitive means, character and cultural inheritance. For the latter, the ebook covers some of the instruments used to build man made adaptive brokers, together with reinforcement studying, fuzzy selection ideas, neural networks, and evolutionary computation.
This publication should be of curiosity to graduate scholars learning computational economics, experimental economics, behavioural economics, and examine method.
Read Online or Download Agent-Based Computational Economics: How the idea originated and where it is going (Routledge Advances in Experimental and Computable Economics) PDF
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Extra resources for Agent-Based Computational Economics: How the idea originated and where it is going (Routledge Advances in Experimental and Computable Economics)
Agent-Based Computational Economics: How the idea originated and where it is going (Routledge Advances in Experimental and Computable Economics) by Shu-Heng Chen