EAN: 9783319265377

SPRINGERBRIEFS IN COMPLEXITY AGENT-BASED MODE...

This book covers the modelling of human behaviour in the education and labour markets  which
due to their interdependency are viewed as one system. Important factors influencing the
decision-making of individuals and firms in this system are discussed. The role of social
environment and networks is stressed. The approach of agent-based modelling is presented and
compared with standard economic modelling and other simulation techniques in the context of
modelling complex adaptive systems. Practical questions in building agent-based models of
labour-education market system with social networks are discussed. These questions include
modelling the structure of education system and agent behaviour there  modelling and
calibrating the labour market without and with firms  generating the social network  defining
its behaviour and calibrating it  and embedding the resulting system into a larger model.

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