Agent-based Models of the Economy
From Theories to Applications
Riccardo Boero, Matteo Morini, Michele Sonnessa, Pietro Terna
Agent-Based Models Of The Economy uses agent-based models for understanding a broad spectrum of economic phenomena.
book aim is twofold. First, it introduces the reader to the methodology
and to the technicalities and the tools necessary to
creation of agent-based models. Second, it presents several examples of
applications to different economic phenomena where agent-based models
are crucial in answering the research question and in solving practical
problems emerged in business and policy domains (e.g., financial
markets, cooperation dynamics, public policy evaluation).
book, readers learn what agent-based models are and the advantages they
can provide. Further, readers learn how to develop from scratch and with
scientific rigor their own agent-based models for studying economic
phenomena. Finally, readers find in the book several applications that
can represent examples to be imitated and to be kept as reference.