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Emergent Macroeconomics: An Agent-Based Approach to Business Fluctuations (New Economic Windows) 4.0%OFF

Emergent Macroeconomics: An Agent-Based Approach to Business Fluctuations (New Economic Windows)

by Domenico Gatti, Edoardo Gaffeo and Mauro Gallegati

  • ISBN

    :  

    9788847007246

  • Publisher

    :  

    Springer

  • Subject

    :  

    Education, Economics, Industry & Industrial Studies

  • Binding

    :  

    HARDCOVER

  • Pages

    :  

    126

  • Year

    :  

    2008

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7676.0

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₹

7368.0

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  • Description

    This valuable book contributes substantively to the current state-of-the-art of macroeconomics. It provides a method for building models in which business cycles and economic growth emerge from the interactions of a large number of heterogeneous agents. Drawing from recent advances in agent-based computational modeling, the authors show how insights from dispersed fields can be fruitfully combined to improve our understanding of macroeconomicdynamics.

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