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An Agent-Based Model of Heterogeneous Demand

  • Book
  • © 2017

Overview

Authors:
  1. Matthias Müller

    1. Chair of economics of innovation, University of Hohenheim, Stuttgart, Germany

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  • An in-silicio model of innovation and demand

  • Includes supplementary material: sn.pub/extras

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Table of contents (7 chapters)

  1. Front Matter

    Pages I-XX
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  2. Introduction

    • Matthias Müller
    Pages 21-31

  3. The Role of Consumers in Innovation Economics

    • Matthias Müller
    Pages 33-55

  4. The New Agent-Based Paradigm in Economics

    • Matthias Müller
    Pages 57-73

  5. An ABM of Heterogeneous Consumers and Demand

    • Matthias Müller
    Pages 75-104

  6. Networks of Heterogeneous Agents

    • Matthias Müller
    Pages 105-142

  7. Bounded Morality of Consumers

    • Matthias Müller
    Pages 143-157

  8. Discussion and Further Research Avenues

    • Matthias Müller
    Pages 159-162

  9. Back Matter

    Pages 163-182
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Keywords

About this book

Matthias Müller makes a case for the particular role of the demand side in research on innovation. Based on a complex agent-based simulation model, he analyzes the versatile mutual relationships between consumers and producers within the innovation process. Instead of oversimplifying the demand side, the book aims to apply important aspects which too often are only applied to the supply side, e.g., the heterogeneity and bounded rationality of economic actors embedded in networks. The results offer a new perspective on the innovation process, proving that the demand side and consumers are important drivers of innovation, which must be included in future research for a full picture. 

Authors and Affiliations

  • Chair of economics of innovation, University of Hohenheim, Stuttgart, Germany

    Matthias Müller

About the author

Matthias Müller conducted his doctoral research at the University of Hohenheim, Germany. He currently works as a postdoctoral researcher in the field of innovation economics.

Bibliographic Information

  • Book Title: An Agent-Based Model of Heterogeneous Demand

  • Authors: Matthias Müller

  • DOI: https://doi.org/10.1007/978-3-658-18722-4

  • Publisher: Springer VS Wiesbaden

  • eBook Packages: Social Sciences, Social Sciences (R0)

  • Copyright Information: Springer Fachmedien Wiesbaden GmbH 2017

  • Softcover ISBN: 978-3-658-18721-7Published: 21 June 2017

  • eBook ISBN: 978-3-658-18722-4Published: 14 June 2017

  • Edition Number: 1

  • Number of Pages: XX, 162

  • Number of Illustrations: 67 b/w illustrations

  • Topics: Computational Social Sciences, Methodology of the Social Sciences

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