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Economics With Heterogeneous Interacting Agents 1st Edition Alan Kirman

SKU: BELL-4526274

$ 31.00 ~~$ 45.00~~ (-31%)

4.7

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Economics With Heterogeneous Interacting Agents 1st Edition Alan Kirman instant download after payment.

Publisher: Springer-Verlag Berlin Heidelberg

File Extension: PDF

File size: 10.82 MB

Pages: 346

Author: Alan Kirman, Jean-Benoît Zimmermann (auth.), Prof. Dr. Alan Kirman, Prof. Dr. Jean-Benoît Zimmermann (eds.)

ISBN: 9783540422099, 9783642564727, 3540422099, 3642564720

Language: English

Year: 2001

Edition: 1

Product desciption

Economics With Heterogeneous Interacting Agents 1st Edition Alan Kirman by Alan Kirman, Jean-benoît Zimmermann (auth.), Prof. Dr. Alan Kirman, Prof. Dr. Jean-benoît Zimmermann (eds.) 9783540422099, 9783642564727, 3540422099, 3642564720 instant download after payment.

This book analyses situations in which individual agents, who might be different from each other, interact and produce behaviour on the aggregate level which does not correspond to that of the average actor. This leads to aggregate outcomes which would be impossible to explain in a more standard approach. Aggregation generates structure and, as a result, interaction and heterogeneity can be handled and we no longer have to rely on the over-simplified reduction of the behaviour of the economy to that of a "rational" individual.