Abstract

Christophre Georges of the Department of Economics, Hamilton College reviews “Economics with Heterogeneous Interacting Agents: A Practical Guide to Agent-Based Modeling,” edited by Alessandro Caiani, Alberto Russo, Antonio Palestrini, and Mauro Gallegati. The Econlit abstract for this book begins: “Text for graduate and PhD students, as well as undergraduates with some knowledge of computers and economics comprises four papers emerging from a workshop on agent-based modeling held by the Dipartimento di Scienze Economiche e Sociali at the Università Politecnica delle Marche. Presents a guide to agent-based models (ABM) and the technicalities that need to be solved in order to evaluate the effect of different rules and their switching.”

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