Econophysics of Agent-Based Models

Beschreibung

Neuware -The primary goal of this book is to present the research findings and conclusions of physicists, economists, mathematicians and financial engineers working in the field of 'Econophysics' who have undertaken agent-based modelling, comparison with empirical studies and related investigations.Most standard economic models assume the existence of the representative agent, who is ¿perfectly rational¿ and applies the utility maximization principle when taking action. One reason for this is the desire to keep models mathematically tractable: no tools are available to economists for solving non-linear models of heterogeneous adaptive agents without explicit optimization. In contrast, multi-agent models, which originated from statistical physics considerations, allow us to go beyond the prototype theories of traditional economics involving the representative agent. This book is based on the Econophys-Kolkata VII Workshop, at which many such modelling efforts were presented. In the book, leading researchers in their fields report on their latest work, consider recent developments and review the contemporary literature.Springer Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg 312 pp. Englisch.

Bestandsnummer des Verkäufers 9783319000220

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Bibliografische Details

Titel

Econophysics of Agent-Based Models

Verlag

Springer International Publishing, Springer International Publishing Sep 2013

Erscheinungsjahr

2013

Sprache

Englisch

ISBN-10

3319000225

ISBN-13

9783319000220

Einband

Buch

Zustand

Neu

Abmessungen

241B x 160 H x 22 T Millimeter Breite: 241 mm, Höhe: 160 mm, Tiefe: 22 mm

Gewicht

635 Gramm

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