Essays about: "agent-based computational economics"

Found 4 essays containing the words agent-based computational economics.

1. 1. Data Misinterpretation: A Consequence of Data Structure? : A Cognitive Imperfection and Its Economic Implications

   University essay from Jönköping University/Internationella Handelshögskolan

   Author : Balázs Faragó; Joakim Ben David; [2023]
   Keywords : Data Misinterpretation; Behavioural Economics; Policy Decision-Making; Cognitive Bias; Convex Hull; Agent-Based Computational Economics;

   Abstract : This study examines the claim that individuals misinterpret the mean of a dataset (displayed as a scatterplot) more when the convex hull of the dataset is less representative of the data. In addition, this study also tests whether outliers in the data can predict the magnitude of error that individuals make in interpreting the mean of the dataset. READ MORE

3. 2. Occupations under threat: Estimating the impact of automation on the Swedish labour market

   University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Author : Ludvig Holmér; [2020]
   Keywords : Labour market; Automation; Network theory; Computational economics; Agent based economics;

   Abstract : Building upon research which estimates the risk of automation for different occupational categories labour market outcomes of workers switching occupation due to automation is estimated using a data driven occupational mobility model. Models of this kind are constructed using network theory, agent based modelling and, a large data set, and have proven to be useful in analysing flows in the labour market to understand aggregate phenomena such as the Beveridge curve. READ MORE

4. 3. AUTOMATION-INDUCED RESHORING: An Agent-based Model of the German Manufacturing Industry

   University essay from Uppsala universitet/Institutionen för geovetenskaper

   Author : Laura Merz; [2019]
   Keywords : Sustainable development; System dynamics; Agent-based computational economics; Socio-technical innovation; Automation; Reshoring;

   Abstract : The concept of ‘Industry 4.0’ signalises the rise of innovative manufacturing technologies, including industrial robots. Wider applicability of robotic automation and higher efficiency of production processes shift the profitability analysis of strategic relocation decisions. READ MORE

5. 4. The Complexity of an Oil Economy : A theoretical analysis of the Angolan economy as a complex adaptive system

   University essay from Södertörns högskola/Institutionen för samhällsvetenskaper

   Author : Jennifer Sandmark; [2015]
   Keywords : Angola; complexity; agent-based computational economics; Dutch disease;

   Abstract : In this thesis, the development and current state of the Angolan economy is analyzed on the basis of complexity theory in order to emphasize the interactions and relationships of the heterogeneous agents in it as well as the consequences of those interactions for the economy as a whole. A political economy approach is used to analyze the dualities and polarizations in the economy, and two stylized facts are identified as important for understanding the development of the Angolan economy; the deindustrialization of a country due to a booming oil sector causing an exchange rate appreciation in the core model of Max Corden (1984), and extractive institutions in a former colony hampering investments and development in the economy due to lack of protection of property rights (Acemoglu et al, 2001). READ MORE