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    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/75560


    Title: Behavioral macroeconomics and agent-based macroeconomics
    Authors: Chen, Shu-Heng;Gostoli, Umberto
    陳樹衡
    Contributors: 經濟系
    Keywords: Artificial intelligence;Asymmetric information;Behavioral macroeconomics;Hyperbolic discounting;Macro-economic models;Rule of thumb;Social preference;Economics
    Date: 2014-06
    Issue Date: 2015-06-04 13:51:01 (UTC+8)
    Abstract: In this article, we review the recent development of the agentbased macroeconomic models (ABMMs) using the skeleton of behavioral macroeconomics as proposed by George Akerlof. Based on the 15 models surveyed in this paper, we find that most behavioral elements addressed by Akerlof have not been well incorporated into the ABMMs. The only element which has been successfully well applied is the decision heuristics (rule-of-thumb behavior). We discuss the fundamental difficulties which cause the current deviations and highlight the expected efforts to meet the gap. © Springer International Publishing Switzerland 2014.
    Relation: Advances in Intelligent Systems and Computing, Volume 290, 2014, Pages 47-54, 11th International Symposium on Distributed Computing and Artificial Intelligence 2014, DCAI 2014; Salamanca; Spain; 4 June 2014 到 6 June 2014; 代碼 106952
    Data Type: article
    DOI link: http://dx.doi.org/10.1007/978-3-319-07593-8_6
    DOI: 10.1007/978-3-319-07593-8_6
    Appears in Collections:[Department of Economics] Periodical Articles

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