Nonlinear Dynamics and Heterogeneous Interacting Agents

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Nonlinear Dynamics and Heterogeneous Interacting Agents is written by Thomas Lux and published by Springer Science & Business Media. It's available with International Standard Book Number or ISBN identification 3540272968 (ISBN 10) and 9783540272960 (ISBN 13).

Economic application of nonlinear dynamics, microscopic agent-based modelling, and the use of artificial intelligence techniques as learning devices of boundedly rational actors are among the most exciting interdisciplinary ventures of economic theory over the past decade. This volume provides us with a most fascinating series of examples on "complexity in action" exemplifying the scope and explanatory power of these innovative approaches.