"This book offers a different perspective to this interdisciplinary topic, presenting current discussions and new insights on social simulation as a whole, focusing on its dangers, pitfalls, deceits, and challenges"--Provided by publisher.

Institutions, the way they are related to the behaviour of the agents and to the aggregated performance of socio-economic systems, are the topic addressed by this essay. The research is based on a particular concept of a bounded rational agent living in society and by a population based...