%0 Unpublished Work %1 Gibson:2007 %A Gibson, Bill %D 2007 %K agency agent-based behavior modeling simulation social %T A Multi-Agent Systems Approach to Microeconomic Foundations of Macro %X This paper is part of a broader project that attempts to gener- ate microfoundations for macro economics as an emergent prop erty of complex systems. The multi-agents systems approach is seen to pro duce realistic macro prop erties from a primitive set of agents that search for satisfactory activities, \`ijobs\^ı, in an informationally constrained, computationally noisy environment. There is frictional and structural unemployment, ináation, excess capacity, Ö- nancial instability along with the p ossibility of relatively smo oth expansion. There is no Phillips curve but an inegalitarian distribution of income emerges as fundamental prop erty of the system. %Z - Includes useful summary of multi-agent models and paradigms.

@unpublished{Gibson:2007, abstract = {This paper is part of a broader project that attempts to gener- ate microfoundations for macro economics as an emergent prop erty of complex systems. The multi-agents systems approach is seen to pro duce realistic macro prop erties from a primitive set of agents that search for satisfactory activities, {\`\i}jobs{\^\i}, in an informationally constrained, computationally noisy environment. There is frictional and structural unemployment, in{\'a}ation, excess capacity, {\"O}- nancial instability along with the p ossibility of relatively smo oth expansion. There is no Phillips curve but an inegalitarian distribution of income emerges as fundamental prop erty of the system.}, added-at = {2010-03-02T17:25:53.000+0100}, annote = {- Includes useful summary of multi-agent models and paradigms.}, author = {Gibson, Bill}, bdsk-file-1 = {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}, biburl = {https://www.bibsonomy.org/bibtex/2d7888760925485e249a9ff8818c42cba/jrennstich}, date-added = {2009-08-19 16:22:54 -0400}, date-modified = {2010-02-28 21:03:32 -0500}, interhash = {2250ed782014d83834a582aa3fae685f}, intrahash = {d7888760925485e249a9ff8818c42cba}, keywords = {agency agent-based behavior modeling simulation social}, month = {September}, note = {Unpublished manuscript}, timestamp = {2010-03-07T03:28:02.000+0100}, title = {A Multi-Agent Systems Approach to Microeconomic Foundations of Macro}, year = 2007 }