Agent-Based Computational Modeling And Macroeconomics

Leigh Tesfatsion ()

Staff General Research Papers Archive from Iowa State University, Department of Economics

Abstract: Agent-based Computational Economics (ACE) is the computational study of economic processes modeled as dynamic systems of interacting agents. This essay discusses the potential use of ACE modeling tools for the study of macroeconomic systems. Points are illustrated using an ACE model of a two-sector decentralized market economy. Related work can be accessed here: http://www2.econ.iastate.edu/tesfatsi/amulmark.htm

Keywords: agent-based; computational; economics (search for similar items in EconPapers)
JEL-codes: C6 D E (search for similar items in EconPapers)
Date: 2006-04-01
New Economics Papers: this item is included in nep-cbe, nep-cmp, nep-dge, nep-hpe and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

Downloads: (external link)
http://www2.econ.iastate.edu/papers/paper_12402_05023.pdf (application/pdf)

Related works:
Working Paper: Agent-Based Computational Modeling and Macroeconomics (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:isu:genres:12402

Access Statistics for this paper

More papers in Staff General Research Papers Archive from Iowa State University, Department of Economics Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070. Contact information at EDIRC.
Bibliographic data for series maintained by Curtis Balmer ().