TY - GEN AU - Domenico Delli Gatti TI - Agent-based Models: A Toolkit SN - 9781108400046 U1 - 330.015195 PB - Cambridge University Press KW - Economics N1 - What Why When 10 AgentBased Models as Recursive S...33 Rationality Behavior and Expecta...43 Agents Behavior and Learning 81 Interaction 109 The AgentBased Experiment 143 Empirical Validation of AgentBas...163 Estimation of AgentBased Models 183 Epilogue 222 N2 - 'Some 25 years ago, Frank Hahn a leading economic theorist said, '... wildly complex systems need simulating ... while there will be work for the computer scientist, I very much doubt that economists will be able to establish general propositions in any but very special examples'. Economists have reacted by saying 'show us an alternative'. This book does just that. It provides the elements of an alternative computational approach in which aggregate phenomena such as crises do not appear from the blue, but emerge from the interaction between simple but heterogeneous agents.' Alan Kirman, University of Aix-Marseille III ER -