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Agent-Based Computational Economics and Industrial Organization Theory

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Information and Communication Technologies (ICT) in Economic Modeling

Part of the book series: Computational Social Sciences ((CSS))

Abstract

Agent-based computational economics (ACE) is “the computational study of economic processes modeled as dynamic systems of interacting agents.” This new perspective offered by agent-based approach makes it suitable for building models in industrial organization (IO), whose scope is the study of the strategic behavior of firms and their direct interactions. Better understanding of industries’ dynamics is useful in order to analyze firms’ contribution to economic welfare and improve government policy in relation to these industries.

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Author information

Authors and Affiliations

  1. CEIS – Centre for Economic and International Studies, Faculty of Economics – University of Rome “Tor Vergata”, Rome, Italy

    Claudia Nardone

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  1. Claudia Nardone
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Correspondence to Claudia Nardone .

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Editors and Affiliations

  1. LABSS, ISTC-CNR, ROME, Italy

    Federico Cecconi

  2. Biosciences, University of Exeter, Penryn, Cornwall, UK

    Marco Campennì

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Nardone, C. (2019). Agent-Based Computational Economics and Industrial Organization Theory. In: Cecconi, F., Campennì, M. (eds) Information and Communication Technologies (ICT) in Economic Modeling. Computational Social Sciences. Springer, Cham. https://doi.org/10.1007/978-3-030-22605-3_1

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