Publications-Periodical Articles
Article View/Open
Publication Export
Google ScholarTM
NCCU Library
Citation Infomation
Related Publications in TAIR
| Title | Behavioral macroeconomics and agent-based macroeconomics |
| Creator | Chen, Shu-Heng;Gostoli, Umberto 陳樹衡 |
| Contributor | 經濟系 |
| Key Words | Artificial intelligence; Asymmetric information; Behavioral macroeconomics; Hyperbolic discounting; Macro-economic models; Rule of thumb; Social preference; Economics |
| Date | 2014-06 |
| Date Issued | 4-Jun-2015 13:51:01 (UTC+8) |
| Summary | In this article, we review the recent development of the agentbased macroeconomic models (ABMMs) using the skeleton of behavioral macroeconomics as proposed by George Akerlof. Based on the 15 models surveyed in this paper, we find that most behavioral elements addressed by Akerlof have not been well incorporated into the ABMMs. The only element which has been successfully well applied is the decision heuristics (rule-of-thumb behavior). We discuss the fundamental difficulties which cause the current deviations and highlight the expected efforts to meet the gap. © Springer International Publishing Switzerland 2014. |
| Relation | Advances in Intelligent Systems and Computing, Volume 290, 2014, Pages 47-54, 11th International Symposium on Distributed Computing and Artificial Intelligence 2014, DCAI 2014; Salamanca; Spain; 4 June 2014 到 6 June 2014; 代碼 106952 |
| Type | article |
| DOI | http://dx.doi.org/10.1007/978-3-319-07593-8_6 |
| dc.contributor | 經濟系 | |
| dc.creator (作者) | Chen, Shu-Heng;Gostoli, Umberto | |
| dc.creator (作者) | 陳樹衡 | zh_TW |
| dc.date (日期) | 2014-06 | |
| dc.date.accessioned | 4-Jun-2015 13:51:01 (UTC+8) | - |
| dc.date.available | 4-Jun-2015 13:51:01 (UTC+8) | - |
| dc.date.issued (上傳時間) | 4-Jun-2015 13:51:01 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/75560 | - |
| dc.description.abstract (摘要) | In this article, we review the recent development of the agentbased macroeconomic models (ABMMs) using the skeleton of behavioral macroeconomics as proposed by George Akerlof. Based on the 15 models surveyed in this paper, we find that most behavioral elements addressed by Akerlof have not been well incorporated into the ABMMs. The only element which has been successfully well applied is the decision heuristics (rule-of-thumb behavior). We discuss the fundamental difficulties which cause the current deviations and highlight the expected efforts to meet the gap. © Springer International Publishing Switzerland 2014. | |
| dc.format.extent | 176 bytes | - |
| dc.format.mimetype | text/html | - |
| dc.relation (關聯) | Advances in Intelligent Systems and Computing, Volume 290, 2014, Pages 47-54, 11th International Symposium on Distributed Computing and Artificial Intelligence 2014, DCAI 2014; Salamanca; Spain; 4 June 2014 到 6 June 2014; 代碼 106952 | |
| dc.subject (關鍵詞) | Artificial intelligence; Asymmetric information; Behavioral macroeconomics; Hyperbolic discounting; Macro-economic models; Rule of thumb; Social preference; Economics | |
| dc.title (題名) | Behavioral macroeconomics and agent-based macroeconomics | |
| dc.type (資料類型) | article | en |
| dc.identifier.doi (DOI) | 10.1007/978-3-319-07593-8_6 | |
| dc.doi.uri (DOI) | http://dx.doi.org/10.1007/978-3-319-07593-8_6 |