Titlebook: Nonlinearity, Bounded Rationality, and Heterogeneity; Some Aspects of Mark Tamotsu Onozaki Book 2018 Springer Japan KK 2018 Agent-based sim

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Agent-Based Model of Market Structure Dynamics Iow the shape of their demand functions they face, they adaptively revise production levels and prices so as to raise their profits based on the reaction by consumers. The main difference lies in consumers’ behavior.

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