Economics with Heterogeneous Interacting Agents: A Practical Guide to Agent-Based Modeling

This book offers a practical guide to Agent Based economic modeling, adopting a “learning by doing” approach to help the reader master the fundamental tools needed to create and analyze Agent Based models. After providing them with a basic “toolkit” for Agent Based modeling, it present and discusses didactic models of real financial and economic systems in detail.

While stressing the main features and advantages of the bottom-up perspective inherent to this approach, the book also highligh...