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Machine Learning Perspectives of Agent-Based Models : Practical Applications to Economic Crises and Pandemics with Python, R, Netlogo and Julia / edited by Pedro Campos, Anand Rao, Joaquim Margarido.
Springer Nature - Springer Mathematics and Statistics (R0) eBooks 2025 English International Available online
View online- Format:
- Book
- Author/Creator:
- Campos, Pedro.
- Series:
- Mathematics and Statistics Series
- Language:
- English
- Subjects (All):
- Statistics.
- Biometry.
- Statistical Theory and Methods.
- Biostatistics.
- Statistics in Business, Management, Economics, Finance, Insurance.
- Local Subjects:
- Statistical Theory and Methods.
- Biostatistics.
- Statistics in Business, Management, Economics, Finance, Insurance.
- Physical Description:
- 1 online resource (449 pages)
- Edition:
- 1st ed. 2025.
- Place of Publication:
- Cham : Springer Nature Switzerland : Imprint: Springer, 2025.
- Summary:
- This book provides an overview of agent-based modeling (ABM) and multi-agent systems (MAS), emphasizing their significance in understanding complex economic systems, with a special focus on the emerging properties of heterogeneous agents that cannot be deduced from the characteristics of individual agents. ABM is highlighted as a powerful tool for studying economics, especially in the context of financial crises and pandemics, where traditional models, such as dynamic stochastic general equilibrium (DSGE) models, have proven inadequate. Containing numerous practical examples and applications with R, Python, Julia and Netlogo, the book explores how learning, particularly machine learning, can be integrated into multi-agent systems to enhance the adaptation and behavior of agents in dynamic environments. It compares different learning approaches, including game theory and artificial intelligence, highlighting the advantages of each in modeling economic phenomena.
- Contents:
- Agent-Based Models and the Economics of Crisis
- The Machine Learning perspective
- Setting up Agent-Based Models of Crisis (Microeconomic Model of Crisis; Virus on a Network Spread Model)
- Developing models with Python and R.
- Notes:
- Description based on publisher supplied metadata and other sources.
- ISBN:
- 3-031-73354-1
- OCLC:
- 1534190618
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