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El. knyga: Heterogenous Agents, Interactions and Economic Performance

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In traditional economics models of perfect competition agent's interactions are all mediated through the market. Interactions are anonymous, global and indirect. This is a powerful model, but we see many instances in which one, and sometimes all, of the previous characteristics fail to hold true. The type of agent you are, or your identity, can affect the type of interaction we have, and most surely the relationship between micro-behaviour and macro-phenomena in non-trivial ways. This book contains a selection of papers presented at the 6th Workshop on Economics with Heterogenous Interacting Agents (WEHIA). The contributions show that work done in other fields like evolutionary biology, statistical mechanics, social network theory and others help us to understand the way in which economic systems operate. Virtually all of the papers presented in this volume draw on some aspect or other of these varied approaches to related problems.

Recenzijos

From the reviews:









"This volume is a collection of papers presented at the sixth annual Workshop on Economics with Heterogeneous Interacting Agents (WEHIA) that was held in Maastricht. A nice aspect of this book is that at several points the reader gets a direct comparison of substantially different approaches to develop models that deal with similar economic issues. Overall, this is a very interesting and useful book. The editors have been successful in attracting a strong group of active and original contributors ." (Herbert Dawid, Journal of Economic Behavior and Organization, June, 2005)

Daugiau informacijos

Springer Book Archives
Part I. Learning, Adaptation and Complex Dynamics
Heterogeneous, Boundedly Rational Agents in the Cournot Duopoly
3(16)
F. Alkemade
J.A. La Poutre
Adaptive Coordination and Aggregate Efficiency in Minority Games
19(24)
G. Bottazzi
G. Devetag
G. Dosi
Heterogeneous Models with Learning and Homoclinic Bifurcations
43(18)
I. Foroni
L. Gardini
Learning to Compete and Coordinate in a Complex World
61(14)
M. Marsili
R. Mulet
F. Ricci-Tersenghi
A Model of Distributed Markets with Heterogeneous Agents
75(16)
T. Platkowski
M. Ramsza
Part II. Micro Foundations of Macro Behaviour
An Exact Physical Approach to Market Participation Models
91(14)
U. Garibaldi
M.A. Penco
P. Viarengo
Financial Fragility, Heterogeneous Agents' Interaction, and Aggregate Dynamics
105(14)
G. Giulioni
D. Delli Gatti
M. Gallegati
Heterogeneous Interacting Economic Agents and Stochastic Games
119(18)
P. J.-J. Herings
R. J. A. P. Peeters
Modeling Behavioral Heterogeneity in Demand Theory
137(18)
I. Maret
Part III. Social Interactions and Networks
The Joint Dynamics of Networks and Knowledge
155(20)
R. Cowan
N. Jonard
J.-B. Zimmermann
Stable Hedonic Networks
175(18)
G. Haeringer
A Dynamic Model of Job Networking and Persistent Inequality
193(12)
B. V. Krauth
Bandwagon Effects on Female Labour Force Participation: An Application to the Netherlands
205(20)
M. C. M. Vendrik
Interacting Agents and Continuous Opinions Dynamics
225(20)
G. Weisbuch
G. Deffuant
F. Amblard
J.-P. Nadal
Part IV. Finance
An Interacting-Agent Model of Financial Crises
245(14)
T. Kaizoji
Mean Field Effects and Interaction Cycles in Financial Markets
259(18)
R. Leombruni
A. Palestrini
M. Gallegati
The Genoa Artificial Stock Market: Microstructure and Simulations
277(16)
M. Marchesi
S. Cincotti
S. M. Focardi
M. Raberto
Part V. Growth and Dynamics
A Simple Quantity Adjustment Model of Economic Fluctuations and Growth
293(14)
M. Aoki
H. Yoshikawa
The Phillips Curve as an Attractor in a Dynamic Macroeconomic Model
307(16)
L. Colombo
G. Weinrich
Technical Progress in a Dynamic Input-Output Model with Heterogenous Labour
323
R. Stehrer