
Behavioral Rationality and Heterogeneous Expectations in Complex Economic Systems (English, Cars Hommes)
by Cars Hommes
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Book Details
Publisher
Cambridge University Press
Language
English
ISBN-13
9781107019294
ISBN-10
110701929X
Author
Cars Hommes
About the Book
Recognising that the economy is a complex system with boundedly rational interacting agents, the book presents a theory of behavioral rationality and heterogeneous expectations in complex economic systems and confronts the nonlinear dynamic models with empirical stylized facts and laboratory experiments. The complexity modeling paradigm has been strongly advocated since the late 1980s by some economists and by multidisciplinary scientists from va…
ISBN: 9781107019294
ISBN-13: 9781107019294
ISBN-10: 110701929X
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Product ID: isbn-9781107019294
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