Aspects of Economic and Social Modelling

Aspects of Economic and Social Modelling PDF Author: Richard Stone
Publisher: Librairie Droz
ISBN:
Category : Econometrics
Languages : en
Pages : 159

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Book Description

Aspects of Economic and Social Modelling

Aspects of Economic and Social Modelling PDF Author: Richard Stone
Publisher: Librairie Droz
ISBN:
Category : Econometrics
Languages : en
Pages : 159

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Book Description


Aspects of economic and social modelling

Aspects of economic and social modelling PDF Author: Richard Stone
Publisher:
ISBN:
Category : Economics
Languages : fr
Pages : 159

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Book Description


Modeling Economic and Social Behavior

Modeling Economic and Social Behavior PDF Author: Lucas A. Jódar Sánchez
Publisher:
ISBN: 9781536180947
Category : Decision making
Languages : en
Pages : 348

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Book Description
This book analyzes human behaviour from an individual and collective perspective. Based on cutting-edge research, each chapter is focused on modelling economic and social behaviour at different fields and environments.The decision making process of individuals and also organizations is modelled applying innovative quantitative and qualitative approaches, explaining by their forecasted results the consequences to the specific environment of organizations. Stakeholders such as competition, customers, providers, communities, public authorities are affected by individual and organizational behavior.The book comprises the most relevant topics of current times. Researches challenged the reader by the approaches followed when presenting their works by in sighting the pillars of western societies: family, education, healthcare, culture, citizenship security, demographics, competitiveness in the framework of Europe, good and service markets, financial markets. This book offers an overview of trendy issues arising worldwide, offering a real and applicable answers to socio-economic dilemmas.

Modeling Complexity in Economic and Social Systems

Modeling Complexity in Economic and Social Systems PDF Author: Frank Schweitzer
Publisher: World Scientific
ISBN: 9814488356
Category : Science
Languages : en
Pages : 404

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Book Description
Economics and the social sciences are, in fact, the “hard” sciences, as Herbert Simon argued, because the complexity of the problems dealt with cannot simply be reduced to analytically solvable models or decomposed into separate subprocesses. Nevertheless, in recent years, the emerging interdisciplinary “sciences of complexity” have provided new methods and tools for tackling these problems, ranging from complex data analysis to sophisticated computer simulations. In particular, advanced methods developed in the natural sciences have recently also been applied to social and economic problems. The twenty-one chapters of this book reflect this modern development from various modeling perspectives (such as agent-based models, evolutionary game theory, reinforcement learning and neural network techniques, time series analysis, non-equilibrium macroscopic dynamics) and for a broad range of socio-economic applications (market dynamics, technological evolution, spatial dynamics and economic growth, decision processes, and agent societies). They jointly demonstrate a shift of perspective in economics and the social sciences that is allowing a new outlook in this field to emerge. Contents:Market Dynamics:Trading Behavior and Excess Volatility in Toy Markets (M Marsili & D Challet)Percolation Models of Financial Market Dynamics (D Stauffer)Electrodynamical Model of Quasi-Efficient Financial Markets (K N Ilinski & A S Stepanenko)Multi-Agent Market Modeling of Foreign Exchange Rates (G Zimmermann et al.)Forecasting Price Increments Using an Artificial Neural Network (F Castiglione)Spectral Regularization, Data Complexity and Agent Behavior (A Ilyinsky)Technological Evolution:Dynamics of Economic and Technological Search Processes in Complex Adaptive Landscapes (W Ebeling et al.)New Results in a Self-Organized Model of Technological Evolution (A Arenas et al.)Firms' Decision-Making Process in an Evolutionary Model of Industrial Dynamics (W Kwasnicki)Spatial Dynamics and Economic Growth:Modelling Migration and Economic Agglomeration with Active Brownian Particles (F Schweitzer)The Evolution of Industrial Clusters — Simulating Spatial Dynamics (T Brenner & N Weigelt)The Growth Dynamics of German Business Firms (J Voit)A Dynamic Theory of a Firm: An Application of ‘Economic Forces’ (M Estola)Decision Processes:Adaptive Platform Dynamics in Multi-Party Spatial Voting (B M R Stadler)Subtle Nonlinearity in Popular Album Charts (R A Bentley & H D G Maschner)Dynamical Aspects in the Adoption of Agri-Environmental Measures (G Weisbuch & G Boudjema)Collective Choice and Mutual Knowledge Structures (D Richards et al.)Agent Societies:Evolutionary Study of Interethnic Co-Operation (V Kvasnicka & J Pospichal)Coalition Factor in the Evolution of Non-Kin Altruism (J-L Dessalles)Optimal Payoff Functions for Members of Collectives (D H Wolpert & K Tumer)A Day at the Beach: Human Agents Self-Organizing on the Sand Pile (H Ishii et al.) Readership: Researchers in the field of complex system science, economists, sociologists, physicists with an interdisciplinary focus, graduates, and professionals. Keywords:

Modeling Complexity in Economic and Social Systems

Modeling Complexity in Economic and Social Systems PDF Author: Frank Schweitzer
Publisher: World Scientific
ISBN: 9789812380357
Category : Business & Economics
Languages : en
Pages : 408

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Book Description
Economics and the social sciences are, in fact, the ?hard? sciences, as Herbert Simon argued, because the complexity of the problems dealt with cannot simply be reduced to analytically solvable models or decomposed into separate subprocesses. Nevertheless, in recent years, the emerging interdisciplinary ?sciences of complexity? have provided new methods and tools for tackling these problems, ranging from complex data analysis to sophisticated computer simulations. In particular, advanced methods developed in the natural sciences have recently also been applied to social and economic problems.The twenty-one chapters of this book reflect this modern development from various modeling perspectives (such as agent-based models, evolutionary game theory, reinforcement learning and neural network techniques, time series analysis, non-equilibrium macroscopic dynamics) and for a broad range of socio-economic applications (market dynamics, technological evolution, spatial dynamics and economic growth, decision processes, and agent societies). They jointly demonstrate a shift of perspective in economics and the social sciences that is allowing a new outlook in this field to emerge.

Agent-Based Modelling in Economics

Agent-Based Modelling in Economics PDF Author: Lynne Hamill
Publisher: John Wiley & Sons
ISBN: 1118456076
Category : Social Science
Languages : en
Pages : 256

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Book Description
Agent-based modelling in economics Lynne Hamill and Nigel Gilbert, Centre for Research in Social Simulation (CRESS), University of Surrey, UK New methods of economic modelling have been sought as a result of the global economic downturn in 2008.This unique book highlights the benefits of an agent-based modelling (ABM) approach. It demonstrates how ABM can easily handle complexity: heterogeneous people, households and firms interacting dynamically. Unlike traditional methods, ABM does not require people or firms to optimise or economic systems to reach equilibrium. ABM offers a way to link micro foundations directly to the macro situation. Key features: Introduces the concept of agent-based modelling and shows how it differs from existing approaches. Provides a theoretical and methodological rationale for using ABM in economics, along with practical advice on how to design and create the models. Each chapter starts with a short summary of the relevant economic theory and then shows how to apply ABM. Explores both topics covered in basic economics textbooks and current important policy themes; unemployment, exchange rates, banking and environmental issues. Describes the models in pseudocode, enabling the reader to develop programs in their chosen language. Supported by a website featuring the NetLogo models described in the book. Agent-based Modelling in Economics provides students and researchers with the skills to design, implement, and analyze agent-based models. Third year undergraduate, master and doctoral students, faculty and professional economists will find this book an invaluable resource.

The EU Economic and Social Model in the Global Crisis

The EU Economic and Social Model in the Global Crisis PDF Author: Dagmar Schiek
Publisher: Routledge
ISBN: 1317033426
Category : Law
Languages : en
Pages : 210

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Book Description
This book addresses the viability of the EU economic and social model within and after the global economic crisis. It identifies four key issues which warrant further discussion: (1) the asymmetry of the legal and policy framework of the euro and potential recalibration; (2) substantive tensions between the EU ’economic constitution’ and its normative aim of social justice and impacts on national policy; (3) the role of civil society, including the two sides of industry in overcoming these tensions; and (4) the EU’s global aspirations towards the creation of a viable socio-economic model. Its chapters offer two perspectives on each of the four main issues. In drawing these debates together, the book provides a broad understanding as well as starting points for future research. Bringing together different disciplinary approaches, ranging from legal studies to political economy, sociology and macroeconomics, it is a valuable contribution to the debate on the European social model and introduces new insights by focusing on legal and political tensions, the impact of the financial crisis and other economic contexts as well as global dimensions.

Decision Modelling for Health Economic Evaluation

Decision Modelling for Health Economic Evaluation PDF Author: Andrew Briggs
Publisher: OUP Oxford
ISBN: 0191004952
Category : Medical
Languages : en
Pages : 256

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Book Description
In financially constrained health systems across the world, increasing emphasis is being placed on the ability to demonstrate that health care interventions are not only effective, but also cost-effective. This book deals with decision modelling techniques that can be used to estimate the value for money of various interventions including medical devices, surgical procedures, diagnostic technologies, and pharmaceuticals. Particular emphasis is placed on the importance of the appropriate representation of uncertainty in the evaluative process and the implication this uncertainty has for decision making and the need for future research. This highly practical guide takes the reader through the key principles and approaches of modelling techniques. It begins with the basics of constructing different forms of the model, the population of the model with input parameter estimates, analysis of the results, and progression to the holistic view of models as a valuable tool for informing future research exercises. Case studies and exercises are supported with online templates and solutions. This book will help analysts understand the contribution of decision-analytic modelling to the evaluation of health care programmes. ABOUT THE SERIES: Economic evaluation of health interventions is a growing specialist field, and this series of practical handbooks will tackle, in-depth, topics superficially addressed in more general health economics books. Each volume will include illustrative material, case histories and worked examples to encourage the reader to apply the methods discussed, with supporting material provided online. This series is aimed at health economists in academia, the pharmaceutical industry and the health sector, those on advanced health economics courses, and health researchers in associated fields.

The Japanese Economic and Social System

The Japanese Economic and Social System PDF Author: Claude Lonien
Publisher: IOS Press
ISBN: 9781586033897
Category : Development economics
Languages : en
Pages : 190

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Book Description
The Japanese economy is currently at a crossroads and the embarrassing situation the country faces today is even worse than the Meiji restoration of 1868, the defeat after World War II in 1945 and the yen appreciation after the Plaza Agreements of 1985. Indeed, the traditional Japanese model is doomed to failure, mainly due to economic and industrial structures that are inappropriate towards increasing globalization, liberalization and deregulation. However, Japanese-style industrial capitalism is in this work compared to the economic and social models of other developed countries and this enables us to point out the path the Japanese economy may take in the 21st century in order to survive.

Feedback Economics

Feedback Economics PDF Author: Robert Y. Cavana
Publisher: Springer Nature
ISBN: 3030671909
Category : Business & Economics
Languages : en
Pages : 593

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Book Description
This book approaches economic problems from a systems thinking and feedback perspective. By introducing system dynamics methods (including qualitative and quantitative techniques) and computer simulation models, the respective contributions apply feedback analysis and dynamic simulation modeling to important local, national, and global economics issues and concerns. Topics covered include: an introduction to macro modeling using a system dynamics framework; a system dynamics translation of the Phillips machine; a re-examination of classical economic theories from a feedback perspective; analyses of important social, ecological, and resource issues; the development of a biophysical economics module for global modelling; contributions to monetary and financial economics; analyses of macroeconomic growth, income distribution and alternative theories of well-being; and a re-examination of scenario macro modeling. The contributions also examine the philosophical differences between the economics and system dynamics communities in an effort to bridge existing gaps and compare methods. Many models and other supporting information are provided as online supplementary files. Consequently, the book appeals to students and scholars in economics, as well as to practitioners and policy analysts interested in using systems thinking and system dynamics modeling to understand and improve economic systems around the world. "Clearly, there is much space for more collaboration between the advocates of post-Keynesian economics and system dynamics! More generally, I would like to recommend this book to all scholars and practitioners interested in exploring the interface and synergies between economics, system dynamics, and feedback thinking." Comments in the Foreword by Marc Lavoie, Emeritus Professor, University of Ottawa and University of Sorbonne Paris Nord