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.
| ISBN: | 9783540422099 |
| Publication date: | 1st June 2001 |
| Author: | Alan Kirman, JeanBenoit Zimmermann |
| Publisher: | Springer an imprint of Springer Berlin Heidelberg |
| Format: | Paperback |
| Pagination: | 346 pages |
| Series: | Lecture Notes in Economics and Mathematical Systems |
| Genres: |
Economic theory and philosophy |
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.
Economics With Heterogeneous Interacting Agents features in the following genres: Economic theory and philosophy
Economics With Heterogeneous Interacting Agents is available in Paperback
Economics With Heterogeneous Interacting Agents was written by Alan Kirman, JeanBenoit Zimmermann and published by Springer an imprint of Springer Berlin Heidelberg
Economics With Heterogeneous Interacting Agents has 346 pages
Yes it is part of Lecture Notes in Economics and Mathematical Systems series