Agent-based modelling in economics
β Gilbert, G. Nigel; Hamill, Lynne
π Library
π
2015
π Wiley
π English
β¦ LIBER β¦
π
Progress in Artificial Economics: Computational and Agent-Based Models
β Scribed by Iryna Veryzhenko, Olivier Brandouy, Philippe Mathieu (auth.), Marco Li Calzi, Lucia Milone, Paolo Pellizzari (eds.)
- Publisher
- Springer-Verlag Berlin Heidelberg
- Year
- 2010
- Tongue
- English
- Leaves
- 279
- Series
- Lecture Notes in Economics and Mathematical Systems 645
- Edition
- 1
- Category
- Library
β¬ Acquire This Volume
No coin nor oath required. For personal study only.
β¦ Synopsis
Artificial economics aims to provide a generative approach to understanding problems in economics and social sciences. It is based on the consistent use of agent-based models and computational techniques. It encompasses a rich variety of techniques that generalize numerical analysis, mathematical programming, and micro-simulations. The peer-reviewed contributions in this volume address applications of artificial economics to markets and trading, auctions, networks, management, industry sectors, macroeconomics, and demographics and culture.
β¦ Table of Contents
Front Matter....Pages i-xxiii
Front Matter....Pages 1-1
Agentβs Minimal Intelligence Calibration for Realistic Market Dynamics....Pages 3-14
Trading on Marginal Information....Pages 15-26
Stylized Facts Study through a Multi-Agent Based Simulation of an Artificial Stock Market....Pages 27-38
Front Matter....Pages 39-39
A Variable Bid Increment Algorithm for Reverse English Auction....Pages 41-51
Co-evolutionary Agents in Combinatorial Sealed-bid Auctions for Spectrum Licenses Markets....Pages 53-63
The Effect of Transaction Costs on Artificial Continuous Double Auction Markets....Pages 65-74
Front Matter....Pages 75-75
The Rise and Fall of Trust Networks....Pages 77-88
Simulations on Correlated Behavior and Social Learning....Pages 89-100
Technology Shocks and Trade in a Network....Pages 101-112
Front Matter....Pages 113-113
The (Beneficial) Role of Informational Imperfections in Enhancing Organisational Performance....Pages 115-126
Social Interactions and Innovation: Simulation Based on an Agent-Based Modular Economy....Pages 127-138
Threshold Rule and Scaling Behavior in a Multi-Agent Supply Chain....Pages 139-150
Front Matter....Pages 151-151
Information and Search on the Housing Market: An Agent-Based Model....Pages 153-164
Adaptation of Investments in the Pharmaceutical Industry....Pages 165-176
An Agent-Based Information Management Model of the Chinese Pig Sector....Pages 177-188
Front Matter....Pages 189-189
Wealth Distribution Evolution in an Agent-Based Computational Economy....Pages 191-202
Endogenous Credit Dynamics as Source of Business Cycles in the EURACE Model....Pages 203-214
Reinforcement Learning of Heterogeneous Private Agents in a Macroeconomic Policy Game....Pages 215-226
Front Matter....Pages 227-227
Towards an Agent-Based Model of the Economic Development Process: The Dynamics of the Fertility Rate....Pages 229-240
An Agent-Supported Simulation of Labour and Financial Markets for Migration Processes....Pages 241-252
Front Matter....Pages 227-227
Sensitivity Analysis of an Agent-Based Model of Cultureβs Consequences for Trade....Pages 253-264
β¦ Subjects
Game Theory/Mathematical Methods
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