Agent based modeling in economics and finance: past, present, and future
Agent-based modeling (ABM) is a novel computational methodology for representing the behavior of individuals in order to study social phenomena. Its use is rapidly growing in many fields. We review ABM in economics and finance and highlight how it can be used to relax conventional assumptions in sta...
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
| Published: |
American Economic Association
2022
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