Mit Hilfe der agentenbasierten Modellierung (ABM) lassen sich komplexe Systeme wie Finanzmärkte, Gesellschaften, Infrastrukturnetze, Organisationen oder ähnliches detailliert darstellen und anschließend realitätsnah simulieren. Aufgrund der zentralen Fähigkeit der ABM, das Zusammenspiel...

Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. Many mathematical tools are needed to solve these models. The book presents various methods for computing the dynamics of general equilibrium models. In part I, the representative-agent stochastic...

Part I: Representative Agent Models: Basic Models -- Perturbation Methods: Framework and Tools -- Perturbation Methods: Solutions -- Perturbation Methods: Model Evaluation and Applications -- Weighted Residuals Methods -- Simulation-Based Methods -- Discrete State Space Value Function Iteration...

"This book reviews the three most popular methods (and their extensions) in applied economics and other social sciences: matching, regression discontinuity, and difference in differences. The book introduces the underlying econometric/statistical ideas, shows what is identified and how the...