Agent-based computational economics: modeling economies as complex adaptive systems

نویسنده

  • Leigh Tesfatsion
چکیده

Agent-based computational economics (ACE) is the computational study of economies modeled as evolving systems of autonomous interacting agents. Thus, ACE is a specialization to economics of the basic complex adaptive systems paradigm. This paper outlines the main objectives and defining characteristics of the ACE methodology, and discusses several active research areas. 2002 Elsevier Science Inc. All rights reserved.

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Agent-Based Computational Economics: Modelling Economies as Complex Adaptive Systems

Agent-based computational economics (ACE) is the computational study of economies modelled as evolving systems of autonomous interacting agents. Thus, ACE is a specialization to economics of the basic complex adaptive systems paradigm. This paper outlines the main objectives and defining characteristics of the ACE methodology, and discusses several active research areas.

متن کامل

Agent-Based Computational Economics: Growing Economies From the Bottom Up

Agent-based computational economics (ACE) is the computational study of economies modeled as evolving systems of autonomous interacting agents. Thus, ACE is a specialization of economics of the basic complex adaptive systems paradigm. This study outlines the main objectives and defining characteristics of the ACE methodology and discusses similarities and distinctions between ACE and artificial...

متن کامل

Guest editorial agent-based modeling of evolutionary economic systems

A MODERN market-based economy is an example of a complex adaptive system, consisting of a decentralized collection of autonomous agents interacting in various market contexts. These massively parallel local interactions give rise to global regularities such as trade networks, socially accepted monies, market protocols, business cycles, and the common adoption of technological innovations. The r...

متن کامل

A review of agent-based modeling (ABM) concepts and some of its main applications in management science

We live in a very complex world where we face complex phenomena such as social norms and new technologies. To deal with such phenomena, social scientists often use reductionism approach where they reduce them to some lower-lever variables and model the relationships among them through a scheme of equations. This approach that is called equation based modeling (EBM) has some basic weaknesses in ...

متن کامل

Agent-based computational economics

Agent-based computational economics (ACE) is the computational study of economies modeled as evolving systems of autonomous interacting agents. Starting from initial conditions, specified by the modeler, the computational economy evolves over time as its constituent agents repeatedly interact with each other and learn from these interactions. ACE is therefore a bottom-up culture-dish approach t...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

عنوان ژورنال:
  • Inf. Sci.

دوره 149  شماره 

صفحات  -

تاریخ انتشار 2003