Agent (economics)
id:
agent-economics-182-10883994
title:
Agent (economics)
text:
In economics, an agent is an actor in a model of some aspect of the economy. Typically, every agent makes decisions by solving a well- or ill-defined optimization or choice problem. For example, buyers (consumers) and sellers (producers) are two common types of agents in partial equilibrium models of a single market. Macroeconomic models, especially dynamic stochastic general equilibrium models that are explicitly based on microfoundations, often distinguish households, firms, and governments or
brand slug:
wiki
category slug:
encyclopedia
description:
Actor and decision maker in an economic model
original url:
https://en.wikipedia.org/wiki/Agent_(economics)
date created:
2006-01-16T05:31:51Z
date modified:
2024-09-06T12:25:49Z
main entity:
{"identifier":"Q1415187","url":"https://www.wikidata.org/entity/Q1415187"}
image:
fields total:
13
integrity:
15