Evolutionary and
Agent-Based Computational Economics

Global Optimization What-is-it-all-about?
Experiments with Global Optimization Methods: Genetic Algorithm, Simulated Annealing, Generalized Simulated Annealing, Repulsive Particle Swarm, Differential Evolution, Barter Algorithm, Least Squares fitting of Gielis Superformula.  Fitting Logarithmic Spiral to Data Optimization by RPS and DE - Papers Nonlinear Least Squares by DE [NLINLS Fortran program, help].
Download FORTRAN programs for Repulsive Particle Swarm (RPS) method, Differential Evolution (DE) method, Real coded Genetic Algorithm, Simulated Annealing (CSA), Generalized Simulated Annealing, DE + RPS + Barter Algorithms. Fit logarithmic spiral   Maximum Entropy Leuven Estimator for Multicollinearity (with fortran computer program); Construction of Inclusive Composite Indices - alternatives to the Principal Components indices; Eigen-values/vectors of an asymmetric matrix
"The Mecca of the economist lies in economic biology rather than in economic dynamics. But biological conceptions are more complex   than those of mechanics" Alfred Marshall, Principles of Economics (Preface 8 Ed), Macmillan,1920. Griewank function     Bukin's 6th  function    Completing the correlation matrix   Minimization of Keane Bump Function  A Brief History of Production Functions   Fitting Zellner-Revankar Production Function with DE/RPS    Fortran programs (DE/RPSO) for Nearest Correlation Matrix                                       More .....
The Picturesque Shillong (India)
Was Hayek an ACE? paper by Nick Vriend
Agent-Based Computational Economics
The Theory of the Moral Sentiments [Adam Smith] : If every individual is selfish and free to think and act in his own interest, then will the society fall apart or stand composed, ever-growing, promoting everyone's well-being, delivering justice to every one, ....?
Classics in Institutional Economics: [TB Veblen on Economics as an Evolutionary Science]
Rational Analysis, Bounded Rationality and Optimization [Herbert A. Simon] Evolution did not give rise to optimal agents, but to agents which are in some senses locally optimal at best ... optimization implies that the goals of the agent are known explicitly ... the utility functions are known .... but, in fact, real agents must often act with insufficient knowledge ...
Modeling Bounded Rationality [Ariel Rubinstein]
Rationality and Bounded Rationality [Robert Aumann] ... There is no unified theory of bounded rationality, and probably never ...
Students at the North-Eastern Hill University, Shillong (India)


Post-Autistic Economics   Institutional Economics   Neural Networks   Evolutionary Economics   Experimental Economics   Next