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Growth and allocation of resources in economics: The agent-based approach

Enrico Scalas, Mauro Gallegati, Eric Guerci, David Mas and Alessandra Tedeschi

Physica A: Statistical Mechanics and its Applications, 2006, vol. 370, issue 1, 86-90

Abstract: Some agent-based models for growth and allocation of resources are described. The first class considered consists of conservative models, where the number of agents and the size of resources are constant during time evolution. The second class is made up of multiplicative noise models and some of their extensions to continuous time.

Keywords: Equilibrium; Growth (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (4)

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Working Paper: Growth and Allocation of Resources in Economics: The Agent-Based Approach (2006) Downloads
Working Paper: Growth and allocation of resources in economics: The agent-based approach (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:370:y:2006:i:1:p:86-90

DOI: 10.1016/j.physa.2006.04.038

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