A new book provides an overview of agent-based modeling (ABM) and multi-agent systems (MAS), emphasizing their significance in understanding complex economic systems. The book's 14 chapters feature ...
Agent-based modelling (ABM) has emerged as a pivotal tool in macroeconomics and economic policy analysis. By simulating the interactions of numerous heterogeneous agents — such as households, firms, ...
In this paper we introduce agent-based modeling for research on decentralized autonomous organizations and decentralized finance (DeFi). As an illustration, we employ agent-based modeling to ...