Search Results - subject:"agent‐based models"

Discriminación de género en redes laborales

Martínez Arango, César Vladimir; Azucena Quintero … - In: Ensayos : revista de economia 34 (2015) 2, pp. 1-34

Persistent link: https://www.econbiz.de/10011511012

A calibration procedure for analyzing stock price dynamics in an agent-based framework

Recchioni, Maria Cristina; Tedeschi, Gabriele; … - In: Journal of economic dynamics & control 60 (2015), pp. 1-25

Persistent link: https://www.econbiz.de/10011575069

Choosing a future based on the past: institutions, behavior, and path dependence

Bednar, Jenna; Jones-Rooy, Andrea; Page, Scott E. - In: European journal of political economy 40 (2015) 2, pp. 312-332

Persistent link: https://www.econbiz.de/10011536302

The effects of a financial transaction tax in an artificial financial market

Fricke, Daniel; Lux, Thomas - In: Journal of economic interaction and coordination : JEIC 10 (2015) 1, pp. 119-150

Persistent link: https://www.econbiz.de/10011378750

Monetary policy experiments in an agent-based model with financial frictions

Delli Gatti, Domenico; Desiderio, Saul - In: Journal of economic interaction and coordination : JEIC 10 (2015) 2, pp. 265-286

Persistent link: https://www.econbiz.de/10011378820

Applications of statistical physics in finance and economics

Lux, Thomas - 2008

This chapter reviews recent research adopting methods from statistical physics in theoretical or empirical work in economics and finance. The bulk of what has recently become known as 'econophysics' in broader circles draws its motivation from observed scaling laws in financial markets and the...

Persistent link: https://www.econbiz.de/10010273110

Stochastic behavioral asset pricing models and the stylized facts

Lux, Thomas - 2008

High-frequency financial data are characterized by a set of ubiquitous statistical properties that prevail with surprising uniformity. While these 'stylized facts' have been well-known for decades, attempts at their behavioral explanation have remained scarce. However, recently a new branch of...

Persistent link: https://www.econbiz.de/10010273169

On the scientific status of economic policy: A tale of alternative paradigms

Fagiolo, Giorgio; Roventini, Andrea - 2008

In the last years, a number of contributions has argued that monetary - and, more generally, economic - policy is finally becoming more of a science. According to these authors, policy rules implemented by central banks are nowadays well supported by a theoretical framework (the New Neoclassical...

Persistent link: https://www.econbiz.de/10010328656

Humans, robots and market crashes: A laboratory study

Feldman, Todd; Friedman, Daniel - 2008

We introduce human traders into an agent based financial market simulation prone to bubbles and crashes. We find that human traders earn lower profits overall than do the simulated agents (robots) but earn higher profits in the most crash-intensive periods. Inexperienced human traders tend to...

Persistent link: https://www.econbiz.de/10010288144

On the Scientific Status of Economic Policy: A Tale of Alternative Paradigms

Fagiolo, Giorgio; Roventini, Andrea - Laboratory of Economics and Management (LEM), Scuola … - 2008

Models, DSGE Models, Agent-Based Computational Economics, Agent-Based Models, Post- Walrasian Macroeconomics, Evolutionary … set of assumptions regarding agent be- haviors and interactions, ACE models (often called agent-based models, ABMs … of markets, industries and economies (called agent-based models, ABMs) are far more complicated { and harder to analyze …

Persistent link: https://www.econbiz.de/10005518716