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An Agent-Based Model of Heterogeneous Demand

Matthias Müller (Autor)

Buch | Softcover

XX, 162 Seiten

2017 | 1st ed. 2017
Springer Fachmedien Wiesbaden GmbH (Verlag)
978-3-658-18721-7 (ISBN)

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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.

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.

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.

Erscheinungsdatum	01.07.2017
Zusatzinfo	XX, 162 p. 67 illus.
Verlagsort	Wiesbaden
Sprache	englisch
Maße	148 x 210 mm
Gewicht	248 g
Themenwelt	Sozialwissenschaften ► Soziologie ► Empirische Sozialforschung
Schlagworte	agent-based modelling • Computational Social Sciences • Computer applications in the social & behavioural • Computer applications in the social & behavioural • consumer • Innovation • Methodology of the Social Sciences • Networks • Simulation • Social research & statistics • Social research & statistics • Social Sciences • society & social sciences • Society & Social Sciences • Sociology
ISBN-10	3-658-18721-2 / 3658187212
ISBN-13	978-3-658-18721-7 / 9783658187217
Zustand	Neuware