Computational Economics: Heterogeneous Agent Modeling

ISBN-13: 9780444641311 / Angielski / Twarda / 2018 / 834 str.

Cars Hommes; Blake Lebaron

Recenzje

"This timely and very impressive handbook volume provides in-depth survey essays on major recent developments in heterogeneous agent modeling in economics. The editors of the volume and the authors of the individual chapters are pioneers and leading researchers in this emergent area of study. The volume will be an essential resource for economists and graduate students who are working with or interested in heterogeneous agent models." --Journal of Economic Literature

Spis treści

Introduction: Why heterogeneity? Cars Hommes and Blake LeBaron

Macroeconomics 1. Bounded Rationality and Heterogeneous Agents in Macroeconomics: Microfoundations William Branch and Bruce McGough 2. Agent-based Macroeconomics (including policy & innovation) Herbert Dawid and Domenico Delli Gatti 3. Firm Dynamics Robert Axtell 4. Heterogeneous agents in the Macroeconomy: Reduced-heterogeneity representations Xavier Ragot

Finance 5. Heterogeneous Agent Models in Finance Xue-Zhong (Tony) He and Roberto Dieci 6. Leverage Cycles Doyne Farmer 7. Market Microstructure Jean-Philippe Bouchaud

Empirical validation and experiments 8. Empirical Validation of Heterogeneous Agent Models Thomas Lux and Remco Zwinkels 9. Experimental Macroeconomics Jasmina Arifovic and John Duffy 10. Experimental Games Rosemarie Nagel and Felix Mauersberger

Networks 11. Complex Financial Networks Giulia Iori and Rosario N. Mantegna 12. Economic and Social Networks Sanjeev Goyal

Other Applications 13. Market Design and Electricity Markets Leigh Tesfatsion

Perspectives on heterogeneity 14. Modeling a Heterogeneous World Alan Kirman and Rick Bookstaber