Search Results - subject_exact:"Agent-based modeling"

Interpreting the interpreter : can we model post-ECB conference volatility with LLM agents?

Collodel, Umberto - 2026

Central banks cannot observe how markets will interpret their communications before release. We propose a framework in which Large Language Models simulate 30 heterogeneous traders interpreting European Central Bank press conference transcripts, yielding a measure of cross-sectional disagreement...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015655276

A complex system perspective on the economics of climate change, boundless risk, and rapid decarbonization

Lamperti, Francesco; Dosi, Giovanni; Roventini, Andrea - 2025

Climate change stands as one of the most formidable challenges in the twenty-first century. Despite this, our understanding of the unfolding and interconnection of climate-related physical and transitional risks, and their implications for socioeconomic dynamics along various transition...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015372061

Enhancing logistical performance in a Colombian citrus supply chain through joint decision making : a simulation study

Vargas-Muñoz, Juan Camilo; Sanchez-Nitola, Flor Angela; … - 2025

Background: Agriculture plays a key role in Colombia's economy. However, the sector faces persistent logistics, infrastructure, and supply chain integration challenges that hinder its development. While background studies have primarily addressed socio-economic needs and strategies to overcome...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015337494

The MAMCABM framework for the evaluation of mobility decision-making problems : theory and practice

Huang, He; Sun, Shiqi; Mommens, Koen; Macharis, Cathy - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015338262

Cultural dissemination on evolving networks : a modified Axelrod model based on a rewiring process

Perez, Yuri; Pereira, Fabio Henrique; Friguis Schimit, … - 2025

In this paper, we investigate the classical Axelrod model of cultural dissemination under an adaptive network framework. Unlike the original model, we place agents on a complex network, where they cut connections with any agent that does not share at least one cultural trait. This rewiring...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015408234

Exploring complexity : a bibliometric analysis of agent-based modeling in finance and banking

Ionescu, Stefan; Delcea, Camelia; Nica, Ionuț; … - 2025

This study conducts a comprehensive bibliometric analysis of the use of agent-based modeling (ABM) in finance and banking, aiming to uncover how this methodology has evolved over the past two decades. It addresses the following overarching question: How has ABM contributed to the development of...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015436922

Researching like a master chef : an expansion of the quantitative "kitchen tools" in supply chain management research

Yan, Tingting; Wieland, Andreas; Tate, Wendy L. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015457746

A risk-aware dynamic credit allocation mechanism in green supply chains : an agent-based model with ESG metrics

Zhang, Yuansheng; Song, Ping; Yang, Qifeng - 2025

Integrating Environmental, Social, and Governance (ESG) metrics into supply chain finance is critical for promoting sustainable development. However, the dynamic mechanisms through which real-time ESG performance influences credit allocation and, consequently, shapes credit risk and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015561512

Agent-based simulation of digital interoperability thresholds in fragmented air cargo systems : evidence from a developing country

Silalahi, Siska Amonalisa; Pujawan, Nyoman; Singgih, … - 2025

Background: This study investigates how varying levels of digital interoperability affect coordination and performance in Indonesia's decentralized air cargo system, reflecting the inefficiencies typical of fragmented digital infrastructures in developing economies. Methods: An Agent-Based Model...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015564627

Tax-financed green policies and income inequality in an agent-based model

Rodrigues, Lucca Gustafson; Lima, Gilberto Tadeu; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015475271

Connecting the dots : how social networks shape expectations through economic narratives

Kothe, Rafael - 2025

This paper investigates how social network and conformity dynamics shape the stability of inflation expectations and the dissemination of economic narratives. Using an agent-based macroeconomic simulation, I integrate a heuristic switching framework with an opinion dynamics mechanism to examine...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015415088

Show one more version 1

Connecting the dots: How social networks shape expectations through economic narratives

Kothe, Rafael - 2025

Book / Working Paper

Macroeconomic modeling in the anthropocene : why the E-DSGE framework is not fit for purpose and what to do about it

Dafermos, Yannis; McConnell, Andrew; Nikolaidi, Maria; … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015099170

Action- versus results-based policy designs for agricultural climate change mitigation

Kreft, Cordelia Sophie; Finger, Robert; Huber, Robert - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015097604

Performance-based pay and limited information access : an agent-based model of the hidden action problem

Reinwald, Patrick; Leitner, Stephan; Wall, Friederike - 2024

Models involving human decision-makers often include idealized assumptions, such as rationality, perfect foresight, and access to relevant information. These assumptions usually assure the models' internal validity but, at the same time, might limit the models' power to explain empirical...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015326070

Causal analysis of demand-side economic growth sources using agent-based modelling

Chudziak, Szymon - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015618469

A computational approach to cognitive architecture with adaptive networks and entropy-driven dynamics

Arbaoui, Billel - 2026

This study presents a computational approach to cognitive architecture that integrates adaptive networks with entropy-driven dynamics to model the evolution and stabilization of mental states. The framework combines temporal-causal network modeling with entropy-based mechanisms inspired by...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015654358

A model of consumption with mental accounting and heterogeneous agents

Gimeno-Ribes, Jaime - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015655481

Urban transport policies and emission reduction strategies in Riyadh : insights from a multi-agent simulation

Belaîd, Fateh; Yaseen, Lama; Palma, André de; Kilani, Moez - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015611078

Selected European law challenges related to the use of artificial intelligence payment agents

Grabowski, Michał; Costea, Iulia - 2026 - Version: 26 February 2026

This article examines the EU-law challenges arising from the use of artificial intelligence for payment initiation and execution (“Payment Agents”) under European Union law. It focuses on Payment Agents that support purchasing workflows and are capable of initiating payments in both...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015612290

Decoding drug search under public funding : rates, directions, and social impacts in an agent-based model

Dosi, Giovanni; Palagi, Elisa; Roventini, Andrea; … - 2026

By extending the framework presented by Dosi et al. (2023b), we build an evolutionary agent-based model of the pharmaceutical sector featuring a government and a Public Research Lab investing in R&D and innovating across different therapeutic areas. After having empirically validated our...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015614624

Randomized algorithms and neural networks for communication-free multiagent singleton set cover

He, Guanchu; Hill, Colton; Seaton, Joshua H.; Brown, … - 2026

This paper considers how a system designer can program a team of autonomous agents to coordinate with one another such that each agent selects (or covers) an individual resource with the goal that all agents collectively cover the maximum number of resources. Specifically, we study how agents...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015615288

Ambiguity-averse aggregation under heterogeneous beliefs

Norman, Thomas W. L. - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015594827

Navigating uncertainty in the presence of negative word of mouth : how different consumer modes impact innovation diffusion

Dawid, Herbert; Kohlweyer, Dirk; Schleef, Melina; … - 2026

Negative word of mouth (NWoM) can be a major factor in new product diffusion, as indicated by Goldenberg et al. (2007). We extend their work by accounting for the role of consumer uncertainty for NWoM's impact on adoption dynamics. Using an agent-based simulation framework we compare three...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015595781

Does inequality harm the climate? : an agent-based model with endogenous climate policy

Borsetzky, Fiona; Kohlweyer, Dirk - 2026

This paper examines how income inequality affects environmental outcomes through the interplay of household consumption and political support for climate policy. We develop an agent-based model in which households differ by income, consumption patterns, and climate policy attitudes. Our results...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015595816

Fair and efficient multi-agent routing for cooperative and autonomous agricultural fleets with implements

López-Sánchez, Aitor; Lujak, Marin; Semet, Frédéric; … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015519890

Central bank digital currency, flight-to-quality, and bank-runs in an agent-based model

Barucci, Emilio; Gurgone, Andrea; Iori, Giulia; Azzone, … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015591185

Collective heat-transition voting : an agent-based model integrating bounded confidence, social pressure, and information diffusion

Mu, Xinyi; Yang, Dujuan; Han, Qi - 2026

The transition to neighborhood-scale district heating in the Netherlands frequently stalls due to the challenge of achieving a collective agreement among individual homeowners. To explore the micro-dynamics of this collective action problem, this paper introduces an agent-based model that...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015603739

Calibrated mechanism design

Doval, Laura; Smolin, Alex - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015605624

Communication management radar 2026 : simulated communication, constrained AI agents, cognitive drift, power flux, strategic subtraction

Wloka, Michelle; Zerfaß, Ansgar - 2026

Welche neuen und bislang wenig beachteten Themen werden die Unternehmenskommunikation in Zukunft prägen? Der Communication Management Radar 2026 identifiziert interdisziplinäre Phänomene in Management, Technologie, Psychologie und Medien, die sich gerade konkretisieren und in naher Zukunft zu...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015625591

Adaptive credit card fraud detection : reinforcement learning agents vs. anomaly detection techniques

Mekhlouf, Houda Ben; Moussaid, Abdellatif; Ghanimi, Fadoua - 2026

Credit card fraud detection remains a critical challenge for financial institutions, particularly due to extreme class imbalance and the continuously evolving nature of fraudulent behavior. This study investigates two complementary approaches: anomaly detection based on multivariate normal...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015628709

Making agentic AI work for government: a readiness framework : insight report

2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015640051

Ex machina: financial stability in the age of artificial intelligence

Anand, Kartik; Kazinnik, Sophia; Leonello, Agnese; … - 2026

Does artificial intelligence (AI) pose a threat to financial stability? We study AI investor behavior, specifically Q-learning and large language model (LLM) investors, in a mutual fund redemption problem with economic and strategic uncertainty. Different AI architectures generate systematically...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015641349

An agentic AI framework for evidence-bound decision support to inform power grid resilience policy under heatwave stress

Sayed-Mouchaweh, Moamar - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015643392

Breaking the dynastic cycle : inequality, taxation, and redistribution

Jammeh, Ismaila Y.; Giri, Federico; Russo, Alberto - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015643405

Following the crowd : literature support and the capabilities of autonomous research agents

Zampa, Michele - 2026

Machine-learning models often perform poorly when asked to generalize beyond the support of the training distribution. This paper asks whether the same limitation shapes the research capabilities of autonomous large language model (LLM) agents: do they perform better when generating papers that...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015647183

Transition dynamics in heterogeneous-agent models and the distributional consequences of taxation

Gutsch, Alexandra; Schult, Christoph - 2026

We study how idiosyncratic income risk shapes the aggregate and distributional effects of labor and capital income taxation in dynamic general equilibrium models. To this end, we compare a heterogeneous-agent (HA) model with uninsurable idiosyncratic labor productivity risk and a...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015651001

Equity in auction design with unit-demand agents and non-quasilinear preferences

Kazumura, Tomoya; Mishra, Debasis; Serizawa, Shigehiro - 2026

We study a model of auction design where a seller is selling a set of objects to a set of agents who can be assigned no more than one object. Each agent's preference over (object, payment) pair need not be quasilinear. If the domain contains all classical preferences, we show that there is a...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015634013

Modelling land use transition through social learning

Duan, Yeqing; Droste, Nils; Danley, Brian - 2026

Land use transition toward multifunctional practices is greatly affected by social learning, yet the temporal interaction between learning mechanisms and network structure remains underexplored. This study examines two social learning channels, information exchange and normative pressure, and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015635512

Talk isn’t always cheap : a theory of social influence and deliberation in group decision-making

Klapper, Helge; Maciejovsky, Boris; Puranam, Phanish; … - 2026 - Revised version of 2025/06/STR

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015665915

The merchant’s hand in the consumer’s choice of payment instruments : an agent-based model

Bergmann, Philip; Weber, Anne; Ego, Niklas - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015666891

Public procurement and reputation : an agent-based model

Fiorino, Nadia; Galli, Emma; Rizzo, Ilde; Valente, Marco - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014437459

Show 2 more versions 2

Public procurement and reputation : an agent-based model

Fiorino, Nadia; Galli, Emma; Rizzo, Ilde; Valente, Marco - 2018

Book / Working Paper

Public Procurement and Reputation : An Agent-Based Model

Fiorino, Nadia; Galli, Emma; Rizzo, Ilde; Valente, Marco - 2019

Book / Working Paper

Agent-based modeling of construction firms' organizational behavior in public tenders

Gladkikh, Valeriya; Alekseev, Aleksandr - 2023

A key problem of construction firms’ management and economy is organization of effective participation in public tenders. The direct executor, who determines the price of the contract, may be interested in obtaining as many contracts as possible. It means that his strategic behavior in tender...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014305891

Climate-induced liquidity crises : interbank exposures and macroprudential implications

D'Orazio, Paola; Reale, Jessica; Anh Duy Pham - 2023

Although climate-induced liquidity risks can cause significant disruptions and instabilities in the financial sector, they are frequently overlooked in current debates and policy discussions. This paper proposes a macro-financial agent-based integrated assessment model to investigate the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014289473