Economic Agents and Markets As Emergent Phenomena

Tesfatsion, Leigh

Proceedings of the National Academy of Sciences U.S.A. Vol. 99 no. 3 (2002): 7191-7192.

An overview of recent work in agent-based computational economics (ACE) is provided, with a stress on the research areas highlighted in the National Academy of Sciences Sackler Colloquium held at the Beckman Center, Irvine, California, in October 2001. Extensive annotated pointers to ACE surveys, research, course materials, and software can be accessed here: http://www.econ.iastate.edu/tesfatsi/ace.htm

JEL Classification: C6, D, E