Agent-Based Computer Simulation of Dichotomous Economic Growth

Language: English

Published by Springer US Nov 1999, 1999

0792386884 / 9780792386889

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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermanyBuchWeltWeit Ludwig Meier e.K.

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This item is printed on demand - it takes 3-4 days longer - Neuware -Agent-Based Computer Simulation of Dichotomous Economic Growth reports a project in agent-based computer stimulation of processes of economic growth in a population of boundedly rational learning agents. The study is an exercise in comparative simulation. That is, the same family of growth models will be simulated under different assumptions about the nature of the learning process and details of the production and growth processes. The purpose of this procedure is to establish a relationship between the assumptions and the simulation results. The study brings together a number of theoretical and technical developments, only some of which may be familiar to any particular reader. In this first chapter, some issues in economic growth are reviewed and the objectives of the study are outlined. In the second chapter, the simulation techniques are introduced and illustrated with baseline simulations of boundedly rational learning processes that do not involve the complications of dealing with long-run economic growth. The third chapter sketches the consensus modern theory of economic growth which is the starting point for further study. In the fourth chapter, a family of steady growth models are simulated, bringing the simulation, growth and learning aspects of the study together. In subsequent chapters, variants on the growth model are explored in a similar way. The ninth chapter introduces trade, with a spacial trading model that is combined with the growth model in the tenth chapter. The book returns again and again to the key question: to what extent can the simulations `explain' the puzzles of economic growth, and particularly the key puzzle of dichotomization, by constructing growth and learning processes that produce the puzzling results And just what assumptions of the simulations are most predictable associated with the puzzling results 180 pp. Englisch.…

Seller Inventory # 9780792386889

Title
Agent-Based Computer Simulation of Dichotomous Economic Growth
Author
Roger A. Mccain
Publisher
Springer US Nov 1999
Publication year
1999
Condition
Neu
Binding
Buch
Language
English
ISBN 10
0792386884
ISBN 13
9780792386889
Item weight
442 grams
Dimensions
241x160x15 mm

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Germany

5-star seller

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BuchWeltWeit Ludwig Meier e.K.

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