Economics as an Agent-Based Complex System. Toward Agent-Based Social Systems Sciences.

H. Deguchi

ISBN 10: 4431209859 / ISBN 13: 9784431209850

Published by Springer, 2004

About this Item

Light wear to the boards. Shipped from the UK in recyclable card packaging.

Seller Inventory # pb131-126-0003

Bibliographic Details

• Title: Economics as an Agent-Based Complex System. Toward Agent-Based Social Systems Sciences.
• Publisher: Springer
• Publication Date: 2004
• Language: English
• ISBN 10: 4431209859
• ISBN 13: 9784431209850
• Binding: Hardcover
• Condition: Very Good
• Seller catalogs:
  • Books > Economics

About this title

Synopsis

In agent-based modeling the focus is very much on agent-based simulation, as simulation is a very important tool for agent-based modeling. We also use agent-based simulation in this book with a stress on the mathematical foundation of agent-based modeling. We introduce two original mathematical frameworks, a theory of SLD (Social Learning Dynamics) and an axiomatic theory of economic exchange (Exchange Algebra) among agents. Exchange algebra gives bottom-up reconstruction of SNA (System of National Accountings). SLD provides the concept of indirect control of socio-economic systems to manage structural change and its stability. We also compare agent-based simulation with gaming simulation and investigate the epistemological foundation of agent-based modeling.