The Complex Dynamics of Economic Interaction
Essays in Economics and Econophysics
The economy is examined by the authors as a complex interactive system. The emphasis is on the direct interaction between agents rather than on the indirect and autonomous interaction through the market mechanism. Contributions from economists and physicists emphasise the consequences for aggregate behaviour of the interaction between agents with limited rationality. Models of financial markets which exhibit many of the stylised facts of empirical markets such as bubbles, herd behaviour and long memory are presented. This includes contributions on bargaining, buyer-seller relations, the evolution of economic networks and several aspects of ma…
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Produktdetails
Weitere Autoren: Kirman, Alan P. (Hrsg.) / Marsili, Matteo (Hrsg.)
- ISBN: 978-3-642-17045-4
- EAN: 9783642170454
- Produktnummer: 37158448
- Verlag: Springer Berlin Heidelberg
- Sprache: Englisch
- Erscheinungsjahr: 2012
- Seitenangabe: 404 S.
- Plattform: PDF
- Auflage: 2004
- Reihenbandnummer: 531
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