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Titlebook: Nonlinearity, Bounded Rationality, and Heterogeneity; Some Aspects of Mark Tamotsu Onozaki Book 2018 Springer Japan KK 2018 Agent-based sim

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书目名称Nonlinearity, Bounded Rationality, and Heterogeneity
副标题Some Aspects of Mark
编辑Tamotsu Onozaki
视频video
概述Expounds on nonlinear economic dynamics, providing an alternative approach that explains the complex dynamical behavior of market economies.Goes beyond the neoclassical equilibrium paradigm by focusin
图书封面Titlebook: Nonlinearity, Bounded Rationality, and Heterogeneity; Some Aspects of Mark Tamotsu Onozaki Book 2018 Springer Japan KK 2018 Agent-based sim
描述This book pursues a nonlinear approach in considering both chaotic dynamical models and agent-based simulation models of economics, as well as their dynamical behaviors. Three key concepts arising in this context are “nonlinearity,” “bounded rationality” and “heterogeneity,” which also make up the title of the book. Nonlinearity is the warp that runs throughout all models because systems that exhibit chaotic or other complex behavior in the absence of any exogenous disturbances are absolutely nonlinear. Bounded rationality constitutes the woof, because economic systems do not exhibit complex behavior if all agents are perfectly rational, as is usually assumed in neoclassical economics. Agents who are boundedly rational have to struggle to do their best with limited information and tend to adapt to their economic environment without knowing what is the best. Furthermore, the heterogeneity of firms or consumers dyes the fabric of complex dynamics woven from the warp and woof.
出版日期Book 2018
关键词Agent-based simulation; Bounded rationality; Complexity; Heterogeneity; Nonlinear dynamics
版次1
doihttps://doi.org/10.1007/978-4-431-54971-0
isbn_softcover978-4-431-56637-3
isbn_ebook978-4-431-54971-0
copyrightSpringer Japan KK 2018
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Tamotsu Onozakistate vector in models composed of a large number of exchangeable agents of possibly many types. We illustrate the use of t his new state vector by describing the equilibrium distribution of agents by types in partition vector form.
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be seen from the many contributions of the above-mentioned pioneers, their collaborators and disciples, discussed in Volumes 1–6. It is therefore fitting to end the last volume of this series by completing the stories of their lives and activities.
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Tamotsu Onozaki be seen from the many contributions of the above-mentioned pioneers, their collaborators and disciples, discussed in Volumes 1–6. It is therefore fitting to end the last volume of this series by completing the stories of their lives and activities.
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. Verilog HDL was originally developed and specified with the intent of use with a simulator. Semantics of the language had not been fully described until now. In this book, each feature of the language is described using semantic introduction, syntax and examples. Chapter 4 leads to the full semant
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Tamotsu Onozakiin a larger share of the pie. For the first case we also provide a game-theoretic analysis and compare the outcome with evolutionary results. Furthermore, the effects of search costs and allowing multiple issues to be negotiated simultaneously are investigated.
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