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Agent-Based Computational Economics: Studying the Effect of Different Levels of Rationality on Macro-Activities for Economic Systems - Okasha, Ahmed
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Okasha, Ahmed:

Agent-Based Computational Economics: Studying the Effect of Different Levels of Rationality on Macro-Activities for Economic Systems - Paperback

2011, ISBN: 9783843389228

LAP LAMBERT Academic Publishing, Taschenbuch, 228 Seiten, Publiziert: 2011-01-20T00:00:01Z, Produktgruppe: Buch, 0.34 kg, Informatik, IT-Ausbildung & -Berufe, Computer & Internet, Kategor… More...

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Agent-Based Computational Economics - Ahmed Okasha
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Ahmed Okasha:

Agent-Based Computational Economics - Paperback

2011, ISBN: 3843389225

[EAN: 9783843389228], Neubuch, [PU: LAP LAMBERT Academic Publishing], INFORMATIK EDV COMPLEXITY AGENT-BASED MODELING BOUNDED RATIONALITY COMPUTATIONAL ECONOMICS LUCAS-ISLAND MODEL, Dieser… More...

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Agent-Based Computational Economics - Ahmed Okasha
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Ahmed Okasha:
Agent-Based Computational Economics - First edition

2011

ISBN: 9783843389228

Paperback

[ED: Kartoniert / Broschiert], [PU: LAP LAMBERT Academic Publishing], Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Okash… More...

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Okasha, Ahmed:
AgentBased Computational Economics Studying the Effect of Different Levels of Rationality on MacroActivities for Economic Systems - Paperback

2011, ISBN: 3843389225

[EAN: 9783843389228], Neubuch, [PU: LAP LAMBERT Academic Publishing], New Book. Shipped from UK. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000., Books

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Agent-Based Computational Economics Studying the Effect of Different Levels of Rationality on Macro-Activities for Economic Systems - Okasha, Ahmed
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Okasha, Ahmed:
Agent-Based Computational Economics Studying the Effect of Different Levels of Rationality on Macro-Activities for Economic Systems - new book

2011, ISBN: 3843389225

Kartoniert / Broschiert Informatik, mit Schutzumschlag 11, [PU:LAP LAMBERT Academic Publishing]

Shipping costs:Versandkostenfrei innerhalb der BRD. (EUR 0.00) MARZIES.de Buch- und Medienhandel, 14621 Schönwalde-Glien
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Agent-Based Computational Economics: Studying the Effect of Different Levels of Rationality on Macro-Activities for Economic Systems
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ISBN:

9783843389228


Alternative modelling formalisations, such as differential equations and statistical analysis, imposes many restrictions, such as homogeneity, anonymity and perfectly rational. Agent-based modelling and simulations provide a new modelling formalisation approach that relaxes some or all those restrictions. Two agent-based systems are developed to study theories of decentralised, individualistic, boundedly rational, complex behaviour and nonlinear stochastic systems. The first ACE model presents an ACE to study demand- pull and cost-push inflation. Moreover, it studies the effect of different levels of rationality on Macro-Activities for Economic Systems. The second ACE model studies the Lucas-Island model. Specifically, it studies the behaviour of the central bank to stabilise inflation and output. Three different economic models are studied. Simulations show that there is a positive relationship between the equilibrium price and level of rationality while there is a negative relationship with the unemployment rate.

Details of the book - Agent-Based Computational Economics: Studying the Effect of Different Levels of Rationality on Macro-Activities for Economic Systems


EAN (ISBN-13): 9783843389228
ISBN (ISBN-10): 3843389225
Hardcover
Paperback
Publishing year: 2011
Publisher: LAP LAMBERT Academic Publishing
228 Pages
Weight: 0,356 kg
Language: eng/Englisch

Book in our database since 2008-03-08T00:50:57+00:00 (London)
Detail page last modified on 2023-12-14T16:28:20+00:00 (London)
ISBN/EAN: 9783843389228

ISBN - alternate spelling:
3-8433-8922-5, 978-3-8433-8922-8
Alternate spelling and related search-keywords:
Book author: lucas lambert, ahmed okasha
Book title: agent, economics

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