Growth and allocation of resources in economics: The agent-based approach

Some agent-based models for growth and allocation of resources are described. The first class considered consists of conservative models, where the number of agents and the size of resources are constant during time evolution. The second class is made up of multiplicative noise models and some of their extensions to continuous time.

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Year of publication:	2006
Authors:	Scalas, Enrico ; Gallegati, Mauro ; Guerci, Eric ; Mas, David ; Tedeschi, Alessandra
Published in:	Physica A: Statistical Mechanics and its Applications. - Elsevier, ISSN 0378-4371. - Vol. 370.2006, 1, p. 86-90
Publisher:	Elsevier
Subject:	Equilibrium \| Growth

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010590817