We attempt to explain stock market dynamics in terms of the interaction among three variables: market price, investor opinion and information flow. We propose a framework for such interaction and apply it to build a model of stock market dynamics which we study both empirically and...

In this paper, we focus on the link between systemic risk and sovereign crises. We model how state support may influence a distressed financial system on an agent-based network model calibrated to 4Q 2011 data collected from several sources. Our model contributes methodologically to agent-based...

This paper develops an agent-based computational model of violent political revolution in which a subjugated population of agents and an armed revolutionary organization try to overthrow a central authority and its loyal forces. The model replicates several patterns of rebellion consistent with...

Технологические и регулятивные изменения за последние два десятилетия серьезно трансформировали природу финансовых рынков. Возросшая автоматизация биржевых...

We build an agent-based model to study how the interplay between low- and high- frequency trading affects asset price dynamics. Our main goal is to investigate whether high-frequency trading exacerbates market volatility and generates flash crashes. In the model, low-frequency agents adopt...

We build an agent-based model to study how the interplay between low- and high-frequency trading affects asset price dynamics. Our main goal is to investigate whether high-frequency trading exacerbates market volatility and generates flash crashes. In the model, low-frequency agents adopt...

The aims of this paper are to present and to discuss an agent-based model of population dynamics for the European regions at NUTS 3 level. It includes individuals that perform several activities with bounded rationality. The paper briefly discusses the latest novelties on this topic and then...

We build an agent-based model to study how the interplay between low- and high- frequency trading affects asset price dynamics. Our main goal is to investigate whether high-frequency trading exacerbates market volatility and generates flash crashes. In the model, low-frequency agents adopt...