By Shu-Heng Chen
This ebook goals to reply to questions which are primary to the examine of agent-based fiscal types: what's agent-based computational economics and why can we want agent-based fiscal modelling of economic climate? This publication presents a evaluate of the improvement of agent-based computational economics (ACE) from a standpoint on how synthetic fiscal brokers are designed lower than the impacts of advanced sciences, experimental economics, man made intelligence, evolutionary biology, psychology, anthropology and neuroscience.
This e-book starts off with a ancient evaluation of ACE through tracing its origins. From a modelling perspective, ACE brings really decentralized strategies into marketplace research, from a unmarried industry to the total economic climate. This ebook additionally studies how experimental economics and synthetic intelligence have formed the advance of ACE. For the previous, the e-book discusses how ACE versions can be utilized to examine the commercial results of cognitive ability, character and cultural inheritance. For the latter, the publication covers some of the instruments used to build man made adaptive brokers, together with reinforcement studying, fuzzy determination ideas, neural networks, and evolutionary computation.
This e-book might be of curiosity to graduate scholars gaining knowledge of computational economics, experimental economics, behavioural economics, and learn method.
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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