Computer simulations, mathematics and economics
AbstractEconomists lise different kinds of computer simulation. However, there is little attention on the theory of simulation, which is considered either a technology or an extension of mathematical theory or, else, a way of modelling that is alternative to verbal description and mathematical models. The paper suggests a systematisation of the relationship between simulations, mathematics and economics. In particular, it traces the evolution of simulation techniques, comments some of the contributions that deal with their nature, and, finally, illustrates with some examples their influence on economie theory. Keywords: Computer simulation, economie methodology, multi-agent programming techniques.
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Bibliographic InfoArticle provided by Springer in its journal International Review of Economics.
Volume (Year): 53 (2006)
Issue (Month): 1 (March)
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Web page: http://www.springer.com/economics/journal/12232
Other versions of this item:
- C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
- B4 - Schools of Economic Thought and Methodology - - Economic Methodology
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
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