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Representative agent

Economists use the term representative agent to refer to the typical decision-maker of a certain type (for example, the typical consumer, or the typical firm).

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Overview

Motivation

Critique

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Map overview Semantic statistics

Representative agent

Nodes20
Edges19
Triples83
Avg. degree1.9
Density0.1
Components1

How this topic connects Entity context

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Representative agent

Top relations

related to Further reading · 63
Representative agent → Aggregate Preferences, Alan, Aldershot, Amsterdam, Andrey, Annual Review, Applied Macroeconomic Research, Available, Beyond, Big Pond, Blackburn, Brunner, Business Cycle Theory, Carnegie-Rochester Conference Series, Chapter, Cooley, Douglas, Econometric, Economic Perspectives, Economics
related to Critique · 13
Representative agent → Another, Because, Canova, DSGE, Hartley, He, Heathcote, In, Kirman, Policy, Ríos-Rull, Storesletten, Violante
related to Motivation · 7
Representative agent → For, Hartley, He, In, Of, The Lucas, When

Important terminology Word statistics

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Important terminology

agent representative agents models heterogeneous model many policy individual economic macroeconomic aggregate used economists economics example kirman macroeconomics problem consumer

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Representative agentrelated to CritiqueHartley0.60section
Representative agentrelated to CritiqueKirman0.60section
Representative agentrelated to CritiqueBecause0.60section
Representative agentrelated to CritiqueHe0.60section
Representative agentrelated to CritiquePolicy0.60section
Representative agentrelated to CritiqueIn0.60section
Representative agentrelated to CritiqueAnother0.60section
Representative agentrelated to CritiqueDSGE0.60section
Representative agentrelated to CritiqueRíos-Rull0.60section
Representative agentrelated to CritiqueHeathcote0.60section
Representative agentrelated to CritiqueStoresletten0.60section
Representative agentrelated to CritiqueViolante0.60section

Related concept clusters Concept neighborhoods

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    Min side: 3
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