This article explores the influence of competitive conditions on the evolutionary fitness of different risk preferences. As a practical example, the professional competition between fund managers is considered. To explore how different settings of competition parameters, the exclusion rate and...

In this paper, we trace four origins of agent-based computational economics (ACE), namely, the markets origin, the cellular-automata origin, the tournaments origin, and the experiments origin. Along with this trace, we examine how these origins have motivated different concepts and designs of...