Download PDF by Shu-Heng Chen: Agent-Based Computational Economics: How the idea originated

By Shu-Heng Chen

ISBN-10: 0415614880

ISBN-13: 9780415614887

ISBN-10: 1138499714

ISBN-13: 9781138499713

This booklet goals to reply to questions which are basic to the examine of agent-based fiscal types: what's agent-based computational economics and why can we desire agent-based financial modelling of economic system? This publication presents a assessment of the improvement of agent-based computational economics (ACE) from a viewpoint on how synthetic fiscal brokers are designed lower than the affects of complicated sciences, experimental economics, synthetic intelligence, evolutionary biology, psychology, anthropology and neuroscience.

This ebook starts with a historic assessment of ACE by way of tracing its origins. From a modelling standpoint, ACE brings actually decentralized methods into industry research, from a unmarried industry to the complete financial system. This e-book additionally studies how experimental economics and synthetic intelligence have formed the advance of ACE. For the previous, the e-book discusses how ACE types can be utilized to examine the commercial outcomes of cognitive capability, character and cultural inheritance. For the latter, the e-book covers a few of the instruments used to build man made adaptive brokers, together with reinforcement studying, fuzzy selection ideas, neural networks, and evolutionary computation.

This ebook can be of curiosity to graduate scholars getting to know computational economics, experimental economics, behavioural economics, and examine technique.

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Read 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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Agent-Based Computational Economics: How the idea originated and where it is going (Routledge Advances in Experimental and Computable Economics) by Shu-Heng Chen

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