Emergent Macroeconomics: An Agent-Based Approach to Business Fluctuations

by Edoardo Gaffeo, Antonio Palestrini, Gianfranco Giulioni, et al.

This book contributes substantively to the current state-of-the-art of macroeconomics. It provides a method for building models in which business cycles and economic growth emerge from the interactions of a large number of heterogeneous agents. Drawing from recent advances in agent-based computational modeling, the authors show how insights from dispersed fields like the microeconomics of capital market imperfections, industrial dynamics and the...

• Format: Paperback
• Language: English
• ISBN: 8847015618
• ISBN13: 9788847015616
• Release Date: October 2010
• Publisher: Springer
• Length: 114 Pages
• Weight: 0.42 lbs.
• Dimensions: 0.3" x 6.1" x 9.2"