- Uluslararası Yönetim İktisat ve İşletme Dergisi
- Vol: 13 Issue: 1
- LINKING AGENT-BASED COMPUTATIONAL ECONOMICS TO POST KEYNESIAN ECONOMICS
LINKING AGENT-BASED COMPUTATIONAL ECONOMICS TO POST KEYNESIAN ECONOMICS
Authors : M. Oğuz Arslan
Pages : 1-17
Doi:10.17130/ijmeb.20173126260
View : 12 | Download : 4
Publication Date : 2017-01-01
Article Type : Other
Abstract :Agent-based computational economics is relatively a new methodology in economics. It is defined as ‘the computational modeling of economic processes including whole economies as open-ended dynamic systems of interacting agents’. Contrary to fundamental assumptions of neoclassical and mainstream approaches, agent-based computational economics assumes that a agents are heterogeneous and bounded rational decision makers in an economy, b an economy is a non-linear, complex and adaptive system. Moreover, these assumptions seem to hold true for Post Keynesian economics to a large extent. Given that, this study attempts to bring out similarities and potential links between these two economic thoughts.Keywords : Ekonomik Metodoloji, Post Keynesyen İktisat, Ajan Tabanlı Hesaplamalı İktisat