Active Particles Methods in Economics (Elements in Complexity and Agent-based Economics) - Softcover

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9781009548762: Active Particles Methods in Economics (Elements in Complexity and Agent-based Economics)
Softcover
ISBN 10: 100954876X ISBN 13: 9781009548762
Publisher: Cambridge University Press, 2025

Synopsis

The aim of this Element is to understand how far mathematical theories based on active particle methods have been applied to describe the dynamics of complex systems in economics, and to look forward to further research perspectives in the interaction between mathematics and economics. The mathematical theory of active particles and the theory of behavioural swarms are selected for the above interaction. The mathematical approach considered in this work takes into account the complexity of living systems, which is a key feature of behavioural economics. The modelling and simulation of the dynamics of prices within a heterogeneous population is reviewed to show how mathematical tools can be used in real applications.

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Publisher
Cambridge University Press
Publication date
2025
Language
English
ISBN 10 
100954876X
ISBN 13 
9781009548762
Binding
Paperback
Number of pages
64

Other Popular Editions of the Same Title

9781009548748: Active Particles Methods in Economics: New Perspectives in the Interaction between Mathematics and Economics (Elements in Complexity and Agent-based Economics)

Featured Edition

ISBN 10:  1009548743 ISBN 13:  9781009548748
Publisher: Cambridge University Press, 2025
Hardcover