economic agent
noun[C]
ECONOMICSukusaperson,company, ororganizationthat has aninfluenceon theeconomybyproducing,buying, orselling:
Theproperfunctioningofmarketeconomyisinfluencedmostlyby thestateinteractionwith theeconomicagent.
Examplesofeconomic agent
economic agent
This debate contrasts the rationaleconomicagentstandard for decision making versus one grounded in human social needs and motivations.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Theoretical economical modelling demonstrated that the optimum level of trust that a rationaleconomicagentshould exhibit in transactions is equal to trustworthiness of the other party.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.To explore this possibility further, we now turn to the use of simulated data generated from a single modeledeconomicagent.
From theCambridge English Corpus
Still, it acts as a rationaleconomicagent.
From theCambridge English Corpus
Thus, theeconomicagentmaximizes expected utility of terminal wealth over all the possible investment strategies.
From theCambridge English Corpus
For eacheconomicagent, there is a row that records incomes and a column that records expenditures.
From theCambridge English Corpus
Because theeconomicagentinvolved in this study is the household, it is important to work with data that reflect this composite agent's selection of monetary services.
From theCambridge English Corpus
This means that in a market equilibrium, with all goods and services tradeable, it is impossible to improve the welfare of anyeconomicagentwithout impoverishing someone else.
From theCambridge English Corpus
We argue that, in addition, a model is needed of how theeconomicagentperceives and mentally represents the game initially, before any (strategic) reasoning begins.
From theCambridge English Corpus
Theeconomicagentswept her up and down.
FromProject Gutenberg
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