Ebook: Complex Systems Modeling and Simulation in Economics and Finance
- Tags: Economics, Economic Theory/Quantitative Economics/Mathematical Methods, Data-driven Science Modeling and Theory Building, Complex Systems
- Series: Springer Proceedings in Complexity
- Year: 2018
- Publisher: Springer International Publishing
- Edition: 1st ed.
- Language: English
- pdf
This titlebrings together frontier research on complex economic systems, heterogeneous interacting agents, bounded rationality, and nonlinear dynamics in economics. The book contains the proceedings of the CEF2015 (21st Computing in Economics in Finance), held 20-22 June 2015 in Taipei, Taiwan, and addresses some of the important driving forces for various emergent properties in economies, when viewed as complex systems. The breakthroughs reported in this book are a result of an interdisciplinary approach and simulation remains the unifying theme for these papers as they deal with a wide range of topics in economics. The text is a valuable addition to the efforts in promoting the complex systems view in economic science. The computational experiments reported in the book are both transparent and replicable.
Complex System Modeling and Simulation in Economics and Finance is useful for graduate courses of complex systems, with particular focus on economics and finance. At the same time it serves as a good overview for researchers who are interested in the topic.