Artificial Economics

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Simulation is used in economics to solve large econometric models, for large-scale micro simulations, and to obtain numerical solutions for policy design in top-down established models. But these applications fail to take advantage of the methods offered by artificial economics (AE) through artificial intelligence and distributed computing. AE is a bottom-up and generative approach of agent-based ...

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Simulation is used in economics to solve large econometric models, for large-scale micro simulations, and to obtain numerical solutions for policy design in top-down established models. But these applications fail to take advantage of the methods offered by artificial economics (AE) through artificial intelligence and distributed computing. AE is a bottom-up and generative approach of agent-based ...

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  • Formats: pdf
  • ISBN: 9783642029561
  • Publication Date: 14 Jan 2010
  • Publisher: Springer Berlin Heidelberg
  • Product language: English
  • Drm Setting: DRM