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Econophysics of Agent-Based Models (New Economic Windows)
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Econophysics of Agent-Based Models (New Economic Windows) Hardcover - 2013

by FRÉDÉRIC ABERGEL


From the rear cover

The primary goal of this book is to present the research findings and conclusions of physicists, economists, mathematicians and financial engineers working in the field of "Econophysics" who have undertaken agent-based modelling, comparison with empirical studies and related investigations.
Most standard economic models assume the existence of the representative agent, who is "perfectly rational" and applies the utility maximization principle when taking action. One reason for this is the desire to keep models mathematically tractable: no tools are available to economists for solving non-linear models of heterogeneous adaptive agents without explicit optimization. In contrast, multi-agent models, which originated from statistical physics considerations, allow us to go beyond the prototype theories of traditional economics involving the representative agent. This book is based on the Econophys-Kolkata VII Workshop, at which many such modelling efforts were presented. In the book, leading researchers in their fields report on their latest work, consider recent developments and review the contemporary literature.

Details

  • Title Econophysics of Agent-Based Models (New Economic Windows)
  • Author FRÉDÉRIC ABERGEL
  • Binding Hardcover
  • Pages 302
  • Language ENG
  • Publisher Springer
  • Date 2013
  • Features Illustrated
  • ISBN 9783319000220

About the author

Anirban Chakraborti
UrRL: http: //fiquant.mas.ecp.fr/chakraboa

Frdric Abergel
1992 Habilitation diriger des recherches, dpartement de Mathmatiques,
Universit Paris XI
1986 PhD in Mathematics, Universit Paris XI and cole Normale
Suprieure
1981-1985 cole Normale Suprieure

Bikas K. Chakrabarti
http: //www.saha.ac.in/cmp/bikask.chakrabarti/bikas.html

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Econophysics of Agent-Based Models

Econophysics of Agent-Based Models

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Econophysics of Agent-based Models
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Econophysics of Agent-based Models

by Abergel, Frederic (Editor)/ Aoyama, H. (Editor)/ Chakrabarti, B. K. (Editor)/ Chakraborti, A. (Editor)/ Ghosh, Asim (Editor)

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Springer Verlag, 2013. Hardcover. New. 302 pages. 9.25x6.25x0.75 inches.
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