Arthur, W. Brian - In: Handbook of computational economics : volume 2, …, (pp. 1551-1564). 2006
steady state. This out-of-equilibrium approach is not a minor adjunct to standard economic theory; it is economics done in a …Standard neoclassical economics asks what agents' actions, strategies, or expectations are in equilibrium with … (consistent with) the outcome or pattern these behaviors aggregatively create. Agent-based computational economics enables us to …
