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An agent-based model of heterogeneous demand

Record Type:	Language materials, printed : Monograph/item
Title/Author:	An agent-based model of heterogeneous demand/ by Matthias Muller.
Author:	Muller, Matthias.
Published:	Wiesbaden :Springer Fachmedien Wiesbaden : : 2017.,
Description:	xx, 182 p. :ill., digital ; : 24 cm.;
Contained By:	Springer eBooks
Subject:	Demand (Economic theory) - Computer simulation. -
Online resource:	http://dx.doi.org/10.1007/978-3-658-18722-4
ISBN:	9783658187224

An agent-based model of heterogeneous demand
Muller, Matthias.

An agent-based model of heterogeneous demand[electronic resource] /by Matthias Muller. - Wiesbaden :Springer Fachmedien Wiesbaden :2017. - xx, 182 p. :ill., digital ;24 cm.

The Role of Consumers in Innovation Economics -- Evolutionary Economics -- The New Agent-Based Paradigm in Economics -- An ABM of Heterogeneous Consumers and Demand -- Consumer Networks -- Bounded Morality of Consumers.

Matthias Muller makes a case for the particular role of the demand side in research on innovation. Based on a complex agent-based simulation model, he analyzes the versatile mutual relationships between consumers and producers within the innovation process. Instead of oversimplifying the demand side, the book aims to apply important aspects which too often are only applied to the supply side, e.g., the heterogeneity and bounded rationality of economic actors embedded in networks. The results offer a new perspective on the innovation process, proving that the demand side and consumers are important drivers of innovation, which must be included in future research for a full picture. Contents The Role of Consumers in Innovation Economics Evolutionary Economics The New Agent-Based Paradigm in Economics An ABM of Heterogeneous Consumers and Demand Consumer Networks Bounded Morality of Consumers Target Groups Researchers and students in the fields of innovation economics, evolutionary economics, complexity science, and computer simulation Policy making, public administration, and innovation management The Author Matthias Muller conducted his doctoral research at the University of Hohenheim, Germany. He currently works as a postdoctoral researcher in the field of innovation economics.

ISBN: 9783658187224

Standard No.: 10.1007/978-3-658-18722-4doiSubjects--Topical Terms:

1173617
Demand (Economic theory)
--Computer simulation.

LC Class. No.: HB801 / .M85 2017

Dewey Class. No.: 330.1

An agent-based model of heterogeneous demand
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505 0 $a The Role of Consumers in Innovation Economics -- Evolutionary Economics -- The New Agent-Based Paradigm in Economics -- An ABM of Heterogeneous Consumers and Demand -- Consumer Networks -- Bounded Morality of Consumers.
520 $a Matthias Muller makes a case for the particular role of the demand side in research on innovation. Based on a complex agent-based simulation model, he analyzes the versatile mutual relationships between consumers and producers within the innovation process. Instead of oversimplifying the demand side, the book aims to apply important aspects which too often are only applied to the supply side, e.g., the heterogeneity and bounded rationality of economic actors embedded in networks. The results offer a new perspective on the innovation process, proving that the demand side and consumers are important drivers of innovation, which must be included in future research for a full picture. Contents The Role of Consumers in Innovation Economics Evolutionary Economics The New Agent-Based Paradigm in Economics An ABM of Heterogeneous Consumers and Demand Consumer Networks Bounded Morality of Consumers Target Groups Researchers and students in the fields of innovation economics, evolutionary economics, complexity science, and computer simulation Policy making, public administration, and innovation management The Author Matthias Muller conducted his doctoral research at the University of Hohenheim, Germany. He currently works as a postdoctoral researcher in the field of innovation economics.
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