Rethinking Macroeconomics with Endogenous Market Structure - Couverture rigide

Mazzoli, Marco; Morini, Matteo; Terna, Pietro

Couverture rigide

ISBN 10 : 1108482600 ISBN 13 : 9781108482608

Editeur : Cambridge University Press, 2019

Synopsis

The birth and death of firms is one of the main features of the business cycle. Yet mainstream DGSE macroeconomic models mostly ignore this phenomenon, thereby excluding any potential impact of economic policy on the probability of the birth and death of firms. Those DGSE models that do allow for this phenomenon do so at the cost of drastic simplifications, which effectively rule out causal links between the strategic interaction of industrial firms and the macroeconomy. This innovative new book develops a bottom-up, agent-based framework that shows how strategic interactions at the level of oligopolistic firms, and even at the level of individuals, affect entire industrial sectors and the equilibrium of the macroeconomy. It will appeal to academic researchers and graduate students working in computational economics, agent-based modelling and econophysics, as well as mainstream economists interested in learning more about alternatives to DGSE models in macroeconomics.

A propos du livre

À propos des auteurs

Marco Mazzoli is Associate Professor of Economic Policy at Università degli Studi di Genova. He has published various papers in international journals, as well as the monograph Credit, Investments and the Macroeconomy (Cambridge, 1998).

Matteo Morini is currently a postdoctoral researcher at the Universität Koblenz-Landau, Germany, and holds a research scientist position at Università degli Studi di Torino, Italy; he also teaches in the Collegio Carlo Alberto postgraduate programme and sits on the board of directors (as vice-president) of the Swarm Development Group. He has co-authored and co-edited two books on complexity and agent-based modelling.

Pietro Terna is a retired professor of Università degli Studi di Torino, Italy, where he was a full Professor of Economics. His research work has been pioneering the use of Swarm to create social simulations with agent-based models. He has also prepared a new agent-based simulation tool in Python (Swarm-Like Agent Protocol in Python), SLAPP.

Détails de l'édition

• Éditeur: Cambridge University Press
• Date d'édition: 2019
• Langue: anglais
• ISBN 10: 1108482600
• ISBN 13: 9781108482608
• Reliure: Relié
• Nombre de pages: 248
• Coordonnées du fabricant: non disponible
• Personne responsable: Avery; https://www.avery.fr/; ; chemin des peupliers 27; Dardilly; France