Computational Economics: Heterogeneous Agent Modeling (Handbooks in Economics)

Handbook of Computational Economics: Heterogeneous Agent Modeling, Volume Four, focuses on heterogeneous agent models, emphasizing recent advances in macroeconomics (including DSGE), finance, empirical validation and experiments, networks and related applications. Capturing the advances made since the publication of Volume Two (Tesfatsion & Judd, 2006), it provides high-level literature with sections devoted to Macroeconomics, Finance, Empirical Validation and Experiments, Networks, and other applications, including Innovation Diffusion in Heterogeneous Populations, Market Design and Electricity Markets, and a final section on Perspectives on Heterogeneity.Helps readers fully understand the dynamic properties of realistically rendered economic systemsEmphasizes detailed specifications of structural conditions, institutional arrangements and behavioral dispositionsProvides broad assessments that can lead researchers to recognize new synergies and opportunities Read more