Nonlinear dynamics and heterogeneous interacting agents

Economic application of nonlinear dynamics, microscopic agent-based modelling, and the use of artificial intelligence techniques as learning devices of boundedly rational actors are among the most exciting interdisciplinary ventures of economic theory over the past decade.

Other Authors: Lux, Thomas, 1962-, Reitz, Stefan., Samanidou, Eleni., SpringerLink (Online service), Workshop on Economics with Heterogeneous Interacting Agents
Format: eBook
Language: English
Published: Berlin ; New York : Springer, ©2005.
Berlin ; New York : [2005]
Physical Description: 1 online resource (xiii, 326 pages) : illustrations.
Series: Lecture notes in economics and mathematical systems ; 550.
Subjects:
Table of Contents:
  • The Implementation of the Turing Tournament: A Report; Expectations Structure in Asset Pricing Experiments; Learning in a "Basket of Crabs": An Agent-Based Computational Model of Repeated Conservation Auctions; On the Benefit of Additional Information in Markets with Heterogeneously Informed Agents
  • an Experimental Study; Crowd Effects in Competitive, Multi-Agent Populations and Networks; Local Minority Game and Emergence of Efficient Dynamic Order; Agents with Heterogeneous Strategies Interacting in a Spatial IPD.