Multi-Agent Approaches in Economics
| Author(s): | doc. Ing. Tomáš Cahlík CSc., Jiří Hlaváček, Julie Chytilová, Jana Marková, Natálie Reichlová, Petr Švarc |
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| Type: | Article in collection |
| Year: | 2006 |
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| ISSN / ISBN: | 80-7043-479-1 |
| Published in: | Proceedings of the 24th International Conference "Mathematical Methods in Economics 2006" |
| Publishing place: | Pilsen, Czech Republic |
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| Grants: | IES Research Framework Institutional task (2005-2011) Integration of the Czech economy into European union and its development |
| Abstract: | In social sciences and economics out of the mainstream, reality is often understood as a complex system characterized – among others - by distributed interactions among heterogeneous agents. A somewhat different approach is in the mainstream economics, where representative agents – firms or households – are usually used. The advantage of the latter is that quite a lot of important results can be obtained analytically. If we work with heterogeneous agents, obtaining of analytical results is usually too complicated and computer simulation must be used. The aim of this paper is: • to show that multi-agent approaches have been part of economic thinking for a long time, • to illustrate the multi-agent approach in economics with some applications. |
| Downloadable: |
1742_mmeprispevek.doc |
