Aggregation and Emergence in Agent-Based Models: A Markov Chain Approach

We analyze the dynamics of agent-based models (ABMs) from a Markovian perspective and derive explicit statements about the possibility of linking a microscopic agent model to the dynamical processes of macroscopic

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Year of publication:	2012-07
Authors:	Banisch, Sven ; Lima, Ricardo ; Araújo, Tanya
Institutions:	ISEG - School of Economics and Management, Department of Economics, University of Lisbon

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Extent:	application/pdf
Series:	Working Papers Department of Economics.
Type of publication:	Book / Working Paper
Notes:	Number 2012/25
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010603553