Economics as an Agent-Based Complex System: Toward Agent-Based Social Systems Sciences

✍ Scribed by Hiroshi Deguchi (auth.)

Publisher: Springer Tokyo
Year: 2004
Tongue: English
Leaves: 269
Edition: 1
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

In agent-based modeling the focus is very much on agent-based simulation, as simulation is a very important tool for agent-based modeling. We also use agent-based simulation in this book with a stress on the mathematical foundation of agent-based modeling. We introduce two original mathematical frameworks, a theory of SLD (Social Learning Dynamics) and an axiomatic theory of economic exchange (Exchange Algebra) among agents. Exchange algebra gives bottom-up reconstruction of SNA (System of National Accountings). SLD provides the concept of indirect control of socio-economic systems to manage structural change and its stability. We also compare agent-based simulation with gaming simulation and investigate the epistemological foundation of agent-based modeling.

✦ Table of Contents

Front Matter....Pages II-XIII
Systems Description and Models in Economics....Pages 1-12
Mathematical Research of Evolution and Structural Change....Pages 13-23
A Social and Organizational Learning Model of Decision Making....Pages 25-42
The Tragedy of the Commons and Its Agent Based and Gaming Modeling....Pages 43-65
State Space Complexity and Exchange Algebra....Pages 67-94
The National Economic Field and Algebraic Reconstruction of SNA....Pages 95-172
Gaming Simulation and the Dynamics of a Virtual Economy....Pages 173-196
Network Oriented Industrial Structures....Pages 197-217
Learning Dynamics in Platform Externality....Pages 219-244
Back Matter....Pages 245-261

✦ Subjects

Economic Theory;Complexity;Statistical Physics, Dynamical Systems and Complexity

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