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Agent Based Models for Economic Policy Advice

Name: Agent Based Models for Economic Policy Advice
Brand: De Gruyter
SKU: 12685115
Price: 102.12 EUR
Availability: InStock
Author: Blake LeBaron
ISBN: 9783828204478

Blake LeBaron

Jezik

Angleščina

Knjiga Trda

Koda Libristo: 12685115

Založba De Gruyter, januar 2008

This special issue of the Journal of Economics and Statistics is devoted to the use of agent-based m... Celoten opis

Koda Libristo: 12685115

248 b

102.12 €

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This special issue of the Journal of Economics and Statistics is devoted to the use of agent-based models for economic policy advice. It presents a collection of research papers in different fields of applications. Special emphasis is laid on discussing the potential and possible limitations of agent-based models for economic policy advice. The editorial provides an overview on the role of agent-based modeling in economic policy referring also to the papers presented. Furthermore, it highlights the strength of the approach, i.e., the explicit microfoundation and the modeling of heterogenous agents. Finally, we also report on current limitations of the method with regard to economic policy advice and point at some areas deserving further research.