Publication detail

Multi-agent systems in F.A.Hayek's and H.A.Simon's work

Author(s): doc. PhDr. Julie Chytilová Ph.D.,
PhDr. Natálie Švarcová Ph.D.,
Type: IES Working Papers
Year: 2006
Number: 12
ISSN / ISBN:
Published in: IES Working Paper 12/2006
Publishing place: Praha
Keywords: Hayek, Simon, multi-agent system, complex system
JEL codes: B31, P00
Suggested Citation: Chytilová, J., N. Reichlová (2006). “Systémy s mnoha rozhodujícími se jedinci v teoriích F. A. Hayeka a H. A. Simona” IES Working Paper 12/2006, IES FSV. Charles University.
Grants: IES Research Framework Institutional task (2005-2011) Integration of the Czech economy into European union and its development
Abstract: The aim of this paper is to introduce roots of multi-agent approaches in economic theory. From the beginning, the opinion that economic system should be investigated on the basis of comprehension to its basic units was expressed by many scientists. Friedrich A. Hayek and Herbert A. Simon are two important scientists who may be designated as predecessors of multi-agent modeling. They incorporated similar principles as applied by multi-agent system approaches into their works before it was possible to deal with these principles through artificial intelligence. This paper links ideas of Hayek and Simon with multi-agent modeling, common principles and ideas are identified.
Downloadable: Multi-agent systems in F.A.Hayek's and H.A.Simon's work

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