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Economics as an Agent-Based Complex System

Toward Agent-Based Social Systems Sciences

  • Hiroshi¬†Deguchi

Table of contents

  1. Front Matter
    Pages II-XIII
  2. Hiroshi Deguchi
    Pages 1-12
  3. Hiroshi Deguchi
    Pages 67-94
  4. Hiroshi Deguchi
    Pages 197-217
  5. Hiroshi Deguchi
    Pages 219-244
  6. Back Matter
    Pages 245-261

About this book

Introduction

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.

Keywords

Computational and Mathematical Organization Theory Simulation Systems Research agents calculus construction game theory model modeling stability

Authors and affiliations

  • Hiroshi¬†Deguchi
    • 1
  1. 1.Department of Computational Intelligence and Systems Science, Interdisciplinary Graduate School of Science and EngineeringTokyo Institute of TechnologyYokohamaJapan

Bibliographic information

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Finance, Business & Banking