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Complexity and Artificial Markets

Complexity and Artificial Markets

by Klaus Schredelseker and Florian Hauser

  • ISBN

    :  

    9783540705536

  • Publisher

    :  

    Springer

  • Subject

    :  

    Physics, Mathematics, Computer Science

  • Binding

    :  

    Paperback

  • Pages

    :  

    234

  • Year

    :  

    1001

11255.0

11255.0

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  • Description

    In recent years, agent-based simulation has become a widely accepted tool when dealing with complexity in economics and other social sciences. The contributions presented in this book apply agent-based methods to derive results from complex models related to market mechanisms, evolution, decision making, and information economics. In addition, the applicability of agent-based methods to complex problems in economics is discussed from a methodological perspective. The papers presented in this collection combine approaches from economics, finance, computer science, natural sciences, philosophy, and cognitive sciences.

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