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An Agent-Based Model of Heterogeneous Demand

Autor Matthias Müller
en Limba Engleză Paperback – 21 iun 2017
Matthias Müller 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. 
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Specificații

ISBN-13: 9783658187217
ISBN-10: 3658187212
Pagini: 162
Ilustrații: XX, 162 p. 67 illus.
Dimensiuni: 148 x 210 mm
Greutate: 0.23 kg
Ediția:1st ed. 2017
Editura: Springer Fachmedien Wiesbaden
Colecția Springer VS
Locul publicării:Wiesbaden, Germany

Cuprins

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.

Notă biografică

Matthias Müller conducted his doctoral research at the University of Hohenheim, Germany. He currently works as a postdoctoral researcher in the field of innovation economics.

Textul de pe ultima copertă

Matthias Müller 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 Müller conducted his doctoral research at the University of Hohenheim, Germany. He currently works as a postdoctoral researcher in the field of innovation economics.

Caracteristici

An in-silicio model of innovation and demand Includes supplementary material: sn.pub/extras