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Lecture Notes in Economics and Mathematical Systems

The Complex Networks of Economic Interactions

Essays in Agent-Based Economics and Econophysics

Editors: Namatame, Akira, Kaizouji, Taisei, Aruka, Yuuji (Eds.)

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  • ISBN 978-3-540-28727-8
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About this book

Understanding the mechanism of a socio-economic system requires more than an understanding of the individuals that comprise the system. It also requires understanding how individuals interact with each other, and how the agg- gated outcome can be more than the sum of individual behaviors. This book contains the papers fostering the formation of an active multi-disciplinary community on socio-economic systems with the exciting new ?elds of age- based modeling and econophysics. We especially intend to increase the awareness of researchers in many ?elds with sharing the common view many economic and social activities as collectives of a large-scale heterogeneous and interacting agents. Economists seek to understand not only how individuals behave but also how the interaction of many individuals leads to complex outcomes. Age- based modeling is a method for studying socio-economic systems exhibiting the following two properties: (1) the system is composed of interacting agents, and (2) the system exhibits emergent properties, that is, properties arising from the interactions of the agents that cannot be deduced simply by agg- gating the properties of the system’s components. When the interaction of the agents is contingent on past experience, and especially when the agents continually adapt to that experience, mathematical analysis is typically very limited in its ability to derive the outcome.

Table of contents (1 chapters)

  • Heterogeneous Economic Networks

    Wataru Souma, Yoshi Fujiwara, Hideaki Aoyama

    Pages

Buy this book

eBook $139.00
price for USA (gross)
  • ISBN 978-3-540-28727-8
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $179.00
price for USA
  • ISBN 978-3-540-28726-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
The Complex Networks of Economic Interactions
Book Subtitle
Essays in Agent-Based Economics and Econophysics
Editors
  • Akira Namatame
  • Taisei Kaizouji
  • Yuuji Aruka
Series Title
Lecture Notes in Economics and Mathematical Systems
Series Volume
567
Copyright
2006
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-540-28727-8
DOI
10.1007/3-540-28727-2
Softcover ISBN
978-3-540-28726-1
Series ISSN
0075-8442
Edition Number
1
Number of Pages
XI, 347
Topics