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Emergent Macroeconomics: An Agent-Based Approach to Business Fluctuations (New Economic Windows)
Emergent Macroeconomics: An Agent-Based Approach to Business Fluctuations (New Economic Windows)
Date: 13 April 2011, 01:49

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Product Description:
This valuable book contributes substantively to the current state-of-the-art of macroeconomics. It provides a method for building models in which business cycles and economic growth emerge from the interactions of a large number of heterogeneous agents. Drawing from recent advances in agent-based computational modeling, the authors show how insights from dispersed fields can be fruitfully combined to improve our understanding of macroeconomic dynamics.
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