...
首页> 外文期刊>Journal of Economic Dynamics and Control >Introduction special issue crises and complexity
【24h】

Introduction special issue crises and complexity

机译:介绍特殊问题的危机和复杂性

获取原文
获取原文并翻译 | 示例
           

摘要

The financial-economic crisis has changed the way of thinking of economist and policy makers. In an often quoted opening address to the ECB Central Banking Conference, November 2010, then president of the ECB Jean-Claude Trichet said: "..in the face of the crisis, we felt abandoned by conventional tools". Trichet advocated an interdisciplinary approach to apply complex systems and to develop agent-based models (ABMs) to model financial-economic crises and use these models for policy: 'The atomistic, optimizing agents underlying existing models do not capture behavior during a crisis period". We need to deal better with heterogeneity across agents and the interaction among those heterogeneous agents. We need to entertain alternative motivations for economic choices. Behavioral economics draws on psychology to explain decisions made in crisis circumstances. Agent-based modeling dispenses with the optimization assumption and allows for more complex interactions between agents. Such approaches are worthy of our attention....
机译:金融经济危机改变了经济学家和决策者的思维方式。时任欧洲央行行长的特里谢(Jean-Claude Trichet)在2010年11月的欧洲央行中央银行会议上经常被引用的开幕词中说:“面对危机,我们感到被传统工具抛弃了。”特里谢倡导一种跨学科的方法,以应用复杂的系统并开发基于主体的模型来为金融经济危机建模,并将这些模型用于政策:“现有模型基础上的原子性,优化代理无法捕捉危机期间的行为”我们需要更好地处理跨主体的异质性以及这些异质主体之间的相互作用,我们需要为经济选择接受替代动机,行为经济学依靠心理学来解释在危机情况下做出的决策,基于主体的建模不需要优化假设并允许代理之间更复杂的交互。这种方法值得我们注意...。

著录项

  • 来源
  • 作者

    Cars Hommes; Giulia Iori;

  • 作者单位

    CeNDEF, Amsterdam School of Economics, University of Amsterdam, The Netherlands Tinbergen Institute Amsterdam, The Netherlands;

    Department of Economics, City University London;

  • 收录信息
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号