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Network Theory and Agent-Based Modeling in Economics and Finance

Network Theory and Agent-Based Modeling in Economics and Finance

Paperback

Business GeneralEconomics

ISBN10: 9811383219
ISBN13: 9789811383212
Publisher: Springer Nature
Published: Nov 4 2020
Pages: 458
Weight: 1.43
Height: 0.94 Width: 6.14 Depth: 9.21
Language: English
This book presents the latest findings on network theory and agent-based modeling of economic and financial phenomena. In this context, the economy is depicted as a complex system consisting of heterogeneous agents that interact through evolving networks; the aggregate behavior of the economy arises out of billions of small-scale interactions that take place via countless economic agents. The book focuses on analytical modeling, and on the econometric and statistical analysis of the properties emerging from microscopic interactions. In particular, it highlights the latest empirical and theoretical advances, helping readers understand economic and financial networks, as well as new work on modeling behavior using rich, agent-based frameworks.

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