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Computational economics is an interdisciplinary research discipline that involves combines methods in computational science and economics to solve complex economic problems. This subject encompasses computational modeling of economic systems.
Agent-based computational economics ( ACE) is the area of computational economics that studies economic processes, including whole economies, as dynamic systems of interacting agents. As such, it falls in the paradigm of complex adaptive systems. [1] .
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Overview. Computational Economics is a multidisciplinary journal that integrates computational science with all branches in economics, to understand and solve complex economic problems. Presents new research on computational methods in various areas: econometrics, agent-based modeling, machine learning, and dynamic systems optimization.
Feb 16, 2023 · Flexibility and logical rigor have been the two key goals motivating the development of Agent-based Computational Economics (ACE), a completely agent-based modeling method characterized by seven specific modeling principles. This perspective provides an overview of ACE, a brief history of its development, and its role within a broader spectrum ...
- Leigh Tesfatsion
- tesfatsi@iastate.edu
Computational Economics is the official journal of the Society of Computational Economics. Officially cited as: Comput Econ. The journal Computational Economics publishes scientific research in a rapidly growing multidisciplinary field that uses advanced computing capabilities to ...
Apr 26, 2012 · In this paper we provide a brief overview of the main characteristics of agent-based computational economics. We discuss its points of strength, with respect to analytical models, and its weaknesses.
Computational Economics, the official journal of the Society for Computational Economics, presents new research in a rapidly growing multidisciplinary field that uses advanced computing capabilities to understand and solve complex problems from all branches in economics.