Rethinking Macroeconomics with Endogenous Market Structure

List of contents

Introduction; Part I. Theory: 1. Industrial structure and the macroeconomy: a few premises for a macromodel; 2. Industrial structure and the macroeconomy: the macroeconomic model and its algebraic framework; Part II. Model: 3. A computable market model: the structure of the agent-based simulation; 4. The results of the simulation agent-based model; 5. The model facing empirical data; Conclusions; Appendices: Appendix A. The structure of an atomistic simplified Hayekian market; Appendix B. The acrostics of the simulation model and its parameters; References; Biographical notes.

Summary

An innovative new agent-based macroeconomic framework demonstrating the macroeconomic implications of industrial structure and strategic interactions amongst oligopolistic firms within an economy. It will appeal to academic researchers and graduate students working in computational economics, agent-based modelling and econophysics.

Foreword

An innovative new agent-based macroeconomic framework demonstrating the macroeconomic implications of industrial structure and strategic interactions amongst oligopolistic firms within an economy.

Product details

• Authors: Mazzoli Marco, Morini Matteo, Terna Pietro
• Publisher: Cambridge Academic
• Languages: English
• Product format: Paperback / Softback
• Released: 26.06.2025
• EAN: 9781108710770
• ISBN: 978-1-108-71077-0
• Illustrations: Worked examples or Exercises
• Subjects: Social sciences, law, business > Business > Miscellaneous; BUSINESS & ECONOMICS / Economics / Macroeconomics, macroeconomics, Monetary Economics