Arciero, Luca; Biancotti, Claudia; D'Aurizio, Leandro; … - In: Journal of Artificial Societies and Social Simulation 12 (2009) 1, pp. 2-2
This paper presents an exploratory agent-based model of a real time gross settlement (RTGS) payment system. Banks are represented as agents who exchange payment requests, which are then settled according to a set of simple rules. The model features the main elements of a real-life system,...