Agent-Based Modelling of Social Networks in Labour–Education Market System

1. Front Matter

   Pages i-x

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2. Social Networks and Labour–Education Market System

   • Alexander Tarvid

   Pages 1-22

3. Complex Adaptive Systems and Agent-Based Modelling

   • Alexander Tarvid

   Pages 23-38

4. Using Agent-Based Modelling in Studying Labour–Education Market System

   • Alexander Tarvid

   Pages 39-72

5. Back Matter

   Pages 73-92

   PDF

This book covers the modelling of human behaviour in the education and labour markets, which due to their interdependency are viewed as one system. Important factors influencing the decision-making of individuals and firms in this system are discussed. The role of social environment and networks is stressed. The approach of agent-based modelling is presented and compared with standard economic modelling and other simulation techniques in the context of modelling complex adaptive systems. Practical questions in building agent-based models of labour–education market system with social networks are discussed. These questions include modelling the structure of education system and agent behaviour there; modelling and calibrating the labour market without and with firms; generating the social network, defining its behaviour and calibrating it; and embedding the resulting system into a larger model.

• Agent-based Modelling
• Human Behaviour in the Labour Market
• Labour Overeducation
• Modelling the Education System
• Modelling the Labour Market
• Skill Mismatch in Labour
• Social Networks and Referral Hiring
• data-driven science, modeling and theory building

• Faculty of Economics and Management, University of Latvia Faculty of Economics and Management, Riga, Latvia

  Alexander Tarvid

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