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Application of the Automata Theory to Economic Systems

 

Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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This work follows quite recent discovery that even very complex phenomena common in nature can emerge from interaction of a large number of agents following very simple behavioural rules, reflected in the automata-based fashion. After discussion of an appropriate methodology for examining models defined in this way, the thesis specifies, models, examines and interprets a selected economic system (fundamentalist/chartist stock market) in terms of simple interacting automata, and uses this experimental study to practically evaluate the strengths and weaknesses of the approach. This work should be especially useful to professionals in agent-based computational economics, helping them to get to the heart of automata models of economic agents, and providing them with guidelines of automata-based modelling and analysis in this context.

Product Specifications
SKU :COC21700
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
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