
Author/Contributor(s): | |
Publisher: | Oxford University Press, USA |
Date: | |
Binding: | Hardcover |
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the conventional view of computational economics, including recent algorithmic development in computing rational expectations, volatility, and general equilibrium. It then moves from traditional computing in economics and finance to recent developments in natural computing, including applications of
nature-inspired intelligence, genetic programming, swarm intelligence, and fuzzy logic. Also examined are recent developments of network and agent-based computing in economics. How these approaches are applied is examined in chapters on such subjects as trading robots and automated markets. The last
part deals with the epistemology of simulation in its trinity form with the integration of simulation, computation, and dynamics. Distinctive is the focus on natural computationalism and the examination of the implications of intelligent machines for the future of computational economics and
finance. Not merely individual robots, but whole integrated systems are extending their immigration to the world of Homo sapiens, or symbiogenesis.