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Cultural diversity is a complex and multi-faceted concept. Commonly used quantitative measures of the spatial distribution of culturally-defined groups 'such as segregation, isolation or concentration indexes' are often only capable of identifying just one aspect of this distribution. The...
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This paper surveys work on dynamic heterogeneous agent models (HAMs) in economics and finance. Emphasis is given to simple models that, at least to some extent, are tractable by analytic methods in combination with computational tools. Most of these models are behavioral models with boundedly...
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, and computation of Markovian Equilibrium Decision Processes (MEDPs) in infinite horizon economies where the second welfare … foundations for a theory of numerical solutions for MEDPs and stationary Markov equilibrium (SME). One interesting additional …
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This article presents an agent-based modelof Prato, an Italian textile district where thousands ofsma1l firms specialise into tiny phases of the whole production process. It is an empirical model atscale 1: 1 that reconstructs the information flows between economic actors and connects them...
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The Spatial Interaction Model proposed by Alonso as "Theory ofMovements" offers a new specification of spatial origin … Theory of Movement. It will be demonstrated thatAlonso's model contains Wilson's Family of SpatialInteraction Models as …
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