Product Description: The fact that I have the opportunity to present a second edition of this monograph is an indicator for the growing size of the community concerned with agent-based computational economics. The rapid developments in this field make it very difficult to keep a volume like this, which is partly devoted to surveying the literature, up to date...read more

Product Description: This volume is centered around the issue of market design and resulting market dynamics. The economic crisis of 2007-2009 has once again highlighted the importance of a proper design of market protocols and institutional details for economic dynamics and macroeconomics...read more

Product Description: This book considers the learning behavior of Genetic Algorithms in economic systems with mutual interaction, like markets. Such systems are characterized by a state dependent fitness function and for the first time mathematical results characterizing the long run outcome of genetic learning in such systems are provided...read more