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Managing Market Complexity - The Approach of Artificial Economics (Paperback, 2013 ed.)
Loot Price: R1,401
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Managing Market Complexity - The Approach of Artificial Economics (Paperback, 2013 ed.)
Series: Lecture Notes in Economics and Mathematical Systems, 662
Expected to ship within 18 - 22 working days
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The field of artificial economics (AE) embraces a broad range of
methodologies relying on computer simulations in order to model and
study the complexity of economic and social phenomena. The
overarching principle of AE is the analysis of aggregate properties
of artificial economies populated by adaptive agents that are
equipped with behavioural rules and specific individual targets.
These aggregate properties are neither foreseen nor intended by the
artificial agents; conversely they are emerging characteristics of
such artificially simulated systems. The book presents a
peer-reviewed collection of papers addressing a variety of issues
related to macroeconomics, industrial organization, networks,
management and finance, as well as purely methodological issues.
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