Growth and Allocation of Resources in Economics: The Agent-Based Approach
Physics and Society
2009-11-13 v1 General Finance
Abstract
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.
Keywords
Cite
@article{arxiv.physics/0608221,
title = {Growth and Allocation of Resources in Economics: The Agent-Based Approach},
author = {Enrico Scalas and Mauro Gallegati and Eric Guerci and David Mas and Alessandra Tedeschi},
journal= {arXiv preprint arXiv:physics/0608221},
year = {2009}
}
Comments
8 pages. Paper presented at the Econophysics Colloquium, Canberra, Australia, November 2005. Physica A in press