1.

Record Nr.

UNINA9910252694803321

Autore

Müller Matthias

Titolo

An Agent-Based Model of Heterogeneous Demand / / by Matthias Müller

Pubbl/distr/stampa

Wiesbaden : , : Springer Fachmedien Wiesbaden : , : Imprint : Springer VS, , 2017

ISBN

3-658-18722-0

Edizione

[1st ed. 2017.]

Descrizione fisica

1 online resource (XX, 162 p. 67 illus.)

Collana

Research

Disciplina

338.521

Soggetti

Social sciences—Data processing

Social sciences—Computer programs

Social sciences

Computational Social Sciences

Methodology of the Social Sciences

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

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.

Sommario/riassunto

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.