Category: Computational economics

Artificial economics
Artificial Economics can be defined as ″a research field that aims at improving our understanding of socioeconomic processes with the help of computer simulation″. Like in Theoretical Economics, the a
Computational economics
Computational Economics is an interdisciplinary research discipline that involves computer science, economics, and management science. This subject encompasses computational modeling of economic syste
Tax-benefit model
A tax-benefit model is a form of microsimulation model. It is usually based on a representative or administrative data set and certain policy rules. These models are used to cost certain policy reform
Demand oracle
In algorithmic game theory, a branch of both computer science and economics, a demand oracle is a function that, given a price-vector, returns the demand of an agent. It is used by many algorithms rel
Market equilibrium computation
Market equilibrium computation (also called competitive equilibrium computation or clearing-prices computation) is a computational problem in the intersection of economics and computer science. The in
Genetic algorithms in economics
Genetic algorithms have increasingly been applied to economics since the pioneering work by John H. Miller in 1986. It has been used to characterize a variety of models including the cobweb model, the
Journal of Economic Dynamics and Control
The Journal of Economic Dynamics and Control (JEDC) is a peer-reviewed scholarly journal devoted to computational economics, dynamic economic models, and macroeconomics. It is edited at the University
Open collaboration
Open collaboration is any "system of innovation or production that relies on goal-oriented yet loosely coordinated participants who interact to create a product (or service) of economic value, which i
ACEGES
The ACEGES model (Agent-based Computational Economics of the Global Energy System) is a decision support tool for energy policy by means of controlled computational experiments. The ACEGES tool is des
Agent-based computational economics
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
Heterogeneity in economics
In economic theory and econometrics, the term heterogeneity refers to differences across the units being studied. For example, a macroeconomic model in which consumers are assumed to differ from one a