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Emergent Results of Artificial Economics
. Ed(S): Osinga, Sjoukje; Hofstede, Gert Jan; Verwaart, Tim
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Description for Emergent Results of Artificial Economics
Paperback. Artificial economics is a computational approach aiming to explain economic systems by modeling them as 'societies of intelligent software agents'. This book presents peer-reviewed papers on recent developments in this hybrid of economics and computer science. Editor(s): Osinga, Sjoukje; Hofstede, Gert Jan; Verwaart, Tim. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 232 pages, 61 black & white illustrations, 29 black & white tables, biography. BIC Classification: KCH; PBWH; UY. Category: (P) Professional & Vocational. Dimension: 240 x 165 x 14. Weight in Grams: 356.
Artificial economics is a computational approach that aims to explain economic systems by modeling them as societies of intelligent software agents. The individual agents make autonomous decisions, but their actual behaviors are constrained by available resources, other individuals' behaviors, and institutions. Intelligent software agents have communicative skills that enable simulation of negotiation, trade, reputation, and other forms of knowledge transfer that are at the basis of economic life. Incorporated learning mechanisms may adapt the agents' behaviors. In artificial economics, all system behavior is generated from the individual agents' simulated decisions; no system level laws are a priori imposed. For instance, ... Read more
Artificial economics is a computational approach that aims to explain economic systems by modeling them as societies of intelligent software agents. The individual agents make autonomous decisions, but their actual behaviors are constrained by available resources, other individuals' behaviors, and institutions. Intelligent software agents have communicative skills that enable simulation of negotiation, trade, reputation, and other forms of knowledge transfer that are at the basis of economic life. Incorporated learning mechanisms may adapt the agents' behaviors. In artificial economics, all system behavior is generated from the individual agents' simulated decisions; no system level laws are a priori imposed. For instance, ... Read more
Product Details
Format
Paperback
Publication date
2011
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
232
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
212
Place of Publication
Berlin, Germany
ISBN
9783642211072
SKU
V9783642211072
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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