heterogeneous

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However, our analysis with heterogeneous agents does not go so far as to justify the use of an expansionary monetary policy.
He then describes the features of agent-based modeling, including ontological correspondence, heterogeneous agents, interactions, bounded rationality and learning, then works through techniques of using agent-based models in social science research, verification and validation.
This paper presents a structural model for the exit process of heterogeneous agents in which assumptions of market organization affect economic behavior.
The first part of the book contains theoretical models revealing how heterogeneous agents and distributional changes can lead to business fluctuations in an economic system.

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