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The book introduces a complex agent-based approach to economics, utilizing agent-based models (ABMs) to depict economic systems as dynamic entities made up of diverse, limited-rationality agents. Through their interactions, these agents create emergent properties that reflect the intricacies of the economic landscape. This exploration highlights the potential of ABMs to enhance understanding of economic behavior and system evolution.
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Complex Agent-Based Models, Mauro Gallegati
- Language
- Released
- 2019
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- (Paperback)
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