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題名 On Complex Economic Dynamics: Agent-Based Computational Modeling and Beyond.
作者 陳樹衡
Chen, Shu-Heng;Kao, Ying-Fang;Venkatachalam, Ragupathy;Du, Ye-Rong
Chen, Shu-Heng
貢獻者 經濟系
關鍵詞 Financial markets ; Complexity thinking ; Agent-based computational economics ; Trading institutions ; Market processes
日期 2018-11
上傳時間 19-Jan-2019 16:03:21 (UTC+8)
摘要 This chapter provides a selective overview of the recent progress in the study of complex adaptive systems. A large part of the review is attributed to agent-based computational economics (ACE). In this chapter, we review the frontier of ACE in light of three issues that have long been grappled with, namely financial markets, market processes, and macroeconomics. Regarding financial markets, we show how the research focus has shifted from trading strategies to trading institutions, and from human traders to robot traders; as to market processes, we empathetically point out the role of learning, information, and social networks in shaping market (trading) processes; finally, in relation to macroeconomics, we demonstrate how the competition among firms in innovation can affect the growth pattern. A minor part of the review is attributed to the recent econometric computing, and methodology-related developments which are pertinent to the study of complex adaptive systems.
關聯 Complex Systems Modeling and Simulation in Economics and Finance, Springer International Publishing, pp.1-14 Chapter 1
資料類型 book/chapter
DOI http://dx.doi.org/10.1007/978-3-319-99624-0
dc.contributor 經濟系zh_TW
dc.creator (作者) 陳樹衡
dc.creator (作者) Chen, Shu-Heng;Kao, Ying-Fang;Venkatachalam, Ragupathy;Du, Ye-Rong
dc.creator (作者) Chen, Shu-Heng
dc.date (日期) 2018-11
dc.date.accessioned 19-Jan-2019 16:03:21 (UTC+8)-
dc.date.available 19-Jan-2019 16:03:21 (UTC+8)-
dc.date.issued (上傳時間) 19-Jan-2019 16:03:21 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/122011-
dc.description.abstract (摘要) This chapter provides a selective overview of the recent progress in the study of complex adaptive systems. A large part of the review is attributed to agent-based computational economics (ACE). In this chapter, we review the frontier of ACE in light of three issues that have long been grappled with, namely financial markets, market processes, and macroeconomics. Regarding financial markets, we show how the research focus has shifted from trading strategies to trading institutions, and from human traders to robot traders; as to market processes, we empathetically point out the role of learning, information, and social networks in shaping market (trading) processes; finally, in relation to macroeconomics, we demonstrate how the competition among firms in innovation can affect the growth pattern. A minor part of the review is attributed to the recent econometric computing, and methodology-related developments which are pertinent to the study of complex adaptive systems.en_US
dc.format.extent 180435 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Complex Systems Modeling and Simulation in Economics and Finance, Springer International Publishing, pp.1-14 Chapter 1
dc.subject (關鍵詞) Financial markets ; Complexity thinking ; Agent-based computational economics ; Trading institutions ; Market processesen_US
dc.title (題名) On Complex Economic Dynamics: Agent-Based Computational Modeling and Beyond.en_US
dc.type (資料類型) book/chapter
dc.identifier.doi (DOI) 10.1007/978-3-319-99624-0
dc.doi.uri (DOI) http://dx.doi.org/10.1007/978-3-319-99624-0