By Shu-Heng Chen
This publication goals to respond to questions which are basic to the research of agent-based financial versions: what's agent-based computational economics and why can we desire agent-based financial modelling of economic system? This publication offers a assessment of the improvement of agent-based computational economics (ACE) from a viewpoint on how man made monetary brokers are designed below the affects of advanced sciences, experimental economics, man made intelligence, evolutionary biology, psychology, anthropology and neuroscience.
This e-book starts with a old overview of ACE through tracing its origins. From a modelling point of view, ACE brings actually decentralized strategies into marketplace research, from a unmarried marketplace to the full economic system. This ebook additionally stories how experimental economics and synthetic intelligence have formed the improvement of ACE. For the previous, the ebook discusses how ACE versions can be utilized to examine the commercial effects of cognitive skill, character and cultural inheritance. For the latter, the ebook covers many of the instruments used to build man made adaptive brokers, together with reinforcement studying, fuzzy choice ideas, neural networks, and evolutionary computation.
This booklet should be of curiosity to graduate scholars studying computational economics, experimental economics, behavioural economics, and learn method.
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This publication goals to respond to questions which are primary to the examine of agent-based financial types: what's agent-based computational economics and why will we want agent-based fiscal modelling of economic system? This ebook offers a evaluation of the improvement of agent-based computational economics (ACE) from a point of view on how synthetic financial brokers are designed lower than the affects of complicated sciences, experimental economics, man made intelligence, evolutionary biology, psychology, anthropology and neuroscience.
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Agent-Based Computational Economics: How the idea originated and where it is going (Routledge Advances in Experimental and Computable Economics) by Shu-Heng Chen