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Economics as an Agent-Based Complex System

Toward Agent-Based Social Systems Sciences

  • Book
  • © 2004

Overview

  • In this book, the author introduces two original mathematical frameworks, a theory of SLD (Social Learning Dynamics) and an axiomatic theory of economic exchange (Exchange Algebra) among agents

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Table of contents (9 chapters)

Keywords

About this book

In agent-based modeling the focus is very much on agent-based simulation, as simulation is a very important tool for agent-based modeling. We also use agent-based simulation in this book with a stress on the mathematical foundation of agent-based modeling. We introduce two original mathematical frameworks, a theory of SLD (Social Learning Dynamics) and an axiomatic theory of economic exchange (Exchange Algebra) among agents. Exchange algebra gives bottom-up reconstruction of SNA (System of National Accountings). SLD provides the concept of indirect control of socio-economic systems to manage structural change and its stability. We also compare agent-based simulation with gaming simulation and investigate the epistemological foundation of agent-based modeling.

Authors and Affiliations

  • Department of Computational Intelligence and Systems Science, Interdisciplinary Graduate School of Science and Engineering, Tokyo Institute of Technology, Yokohama, Japan

    Hiroshi Deguchi

Bibliographic Information

  • Book Title: Economics as an Agent-Based Complex System

  • Book Subtitle: Toward Agent-Based Social Systems Sciences

  • Authors: Hiroshi Deguchi

  • DOI: https://doi.org/10.1007/978-4-431-53957-5

  • Publisher: Springer Tokyo

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer Japan 2004

  • Hardcover ISBN: 978-4-431-20985-0Published: 26 March 2004

  • Softcover ISBN: 978-4-431-67965-3Published: 03 October 2013

  • eBook ISBN: 978-4-431-53957-5Published: 28 June 2011

  • Edition Number: 1

  • Number of Pages: XIII, 261

  • Additional Information: English translation from the Japanese original work based on the doctoral thesis of Prof. Deguchi

  • Topics: Economic Theory/Quantitative Economics/Mathematical Methods, Complexity, Complex Systems, Statistical Physics and Dynamical Systems

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