Agent-based computer simulation of dichotomous economic growth
By: by Roger A. McCain.
Series: Advances in computational economics ;; v. 13
Publisher: Kluwer Academic; Springer
Published: 2000
Place of publication: Boston
Language: eng
Number of pages: 159
Subjects: Economic development -- Mathematical models; Econometric models -- Computer simulation
Description: "Agent-Based Computer Simulation of Dichotomous Economic Growth reports a project in agent-based computer simulation of processes of economic growth in a population of boundedly rational, learning agents."--BOOK JACKET.

"The study is an exercise in comparative simulation. That is, the same family of growth models will be simulated under different assumptions about the nature of the learning process and details of the production and growth processes. The purpose of this procedure is to establish a relationship between the assumptions and the simulation results."--BOOK JACKET.

"The book will return again and again to the key question: to what extent can the simulations "explain" the puzzles of economic growth, and particularly the key puzzle of dichotomization, by constructing growth and learning processes that produce the puzzling results? And just what assumptions of the simulations are most predictably associated with the puzzling results?"--BOOK JACKET.
Notes: Includes bibliographical references (p. [145]-148) and index.