Overview
- A complete guide to modeling learning and adaption in marketing, finance and strategic management, data analysis and agent-based simulation techniques for artificial economies, learning and adaption in economic systems
- A model based approach
Part of the book series: Interdisciplinary Studies in Economics and Management (ISEM, volume 5)
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Table of contents (17 chapters)
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Introduction General scientific concept: aims of SFB 010
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Modeling Consumer Behavior
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Modeling Financial Markets
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Agent-Based Simulation Models
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Statistical Modeling and Software Development
Keywords
About this book
Learning and adaption are key features of "real economies". Studying interesting real phenomena like innovation, industry evolution or the role of expectation formulation in financial markets thus necessitates novel methods of data analysis and modelling. This title covers statistical models of heterogeneity, artificial consumer markets, models of adaptive expectation formulation in financial markets and agent-based models of industry evolution, product diversification and energy markets. The joint findings are presented in a manner that is interesting both for readers with a background in economics/management and mathematics and statistics and also for non-expert readers because it allows them to grasp the ideas of modern management science. This book thus provides a unique integrated toolbox for building realistic agent-based models of learning and adaption in a variety of settings based on sound data analysis.
Editors and Affiliations
Bibliographic Information
Book Title: Adaptive Information Systems and Modelling in Economics and Management Science
Editors: Alfred Taudes
Series Title: Interdisciplinary Studies in Economics and Management
DOI: https://doi.org/10.1007/3-211-29901-7
Publisher: Springer Vienna
eBook Packages: Business and Economics
Copyright Information: Springer-Verlag Vienna 2005
Series ISSN: 1615-7362
Edition Number: 1
Number of Pages: 280
Number of Illustrations: 68 b/w illustrations
Topics: Economic Theory/Quantitative Economics/Mathematical Methods, Finance, general, Management, Marketing, Industrial Organization, Microeconomics