Agent-Based Computational Economics: How the idea originated and where it is going (Routledge Advances in Experimental and Computable Economics) - Hardcover

Chen, Shu-Heng

Hardcover

ISBN 10: 0415614880 ISBN 13: 9780415614887

Publisher: Routledge, 2015

Synopsis

This book provides a review of the development of agent-based computational economics (ACE) from a perspective on how artificial economic agents are designed under the influences of complex sciences, experimental economics, artificial intelligence, evolutionary biology, psychology, anthropology and neuroscience. The review also includes how these agents are networked by using ideas from physics, mathematics and sociology. Despite this rich interdisciplinary colour, the book has a simple fundamental pursuit, that is, to use ACE to clothe economics with Marshalla (TM)s spirit: "Economics, like biology, deals with a matter, of which the inner nature and constitution, as well as outer form, are constantly changing."

About this title

Review:

"Chen’s book is a meticulous scholarly study that should be of particular interest to economists with a good analytical background, a broad acquaintance with economic research, a strong interest in empirically grounded economic modeling, and a willingness to consider alternative viewpoints with an open mind."

Leigh Tesfatsion, Iowa State University, Journal of Economic Literature

About the Author:

Shu-Heng Chen is Distinguished Professor at the Department of Economics at National Chengchi University, Taiwan.

About this edition

• Publisher: Routledge
• Publication date: 2015
• ISBN 10: 0415614880
• ISBN 13: 9780415614887
• Binding: Hardcover
• Edition number: 1
• Number of pages: 528