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-based model and simulation to gain understanding on the decision-making and problem-solving abilities of individuals. Design …/Methodology/approach: The micro-level analysis modeling and simulation paradigm Agent-Based Modeling Through the use of Agent-Based Modeling … executed through a computer simulation. Findings: The results indicate that individuals with certain profiles have better …
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Agent-based models are usually claimed to generate complex dynamics; however, the link to such complexity has not been subject to rigorous examination. This paper studies this link between the complexity of financial time series---measured by their multifractal properties---and the design of...
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