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Title Artificial markets modeling : methods and applications / Andrea Consiglio (editors)
Published Berlin : Springer, ©2007

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Description 1 online resource (xv, 277 pages) : illustrations
Series Lecture notes in economics and mathematical systems, 0075-8442 ; 599
Lecture notes in economics and mathematical systems ; 599. 0075-8442
Contents Macroeconomic Issues -- Beyond the Static Money Multiplier: In Search of a Dynamic Theory of Money -- Macroeconomic Effects of the Interest Rate Level: Growth and Fluctuations in an Economy with Bank Capital Adequacy Standards -- Monetary Policy Experiments in an Artificial Multi-Market Economy with Reservation Wages -- Market Mechanisms and Agents Behavior -- Testing Double Auction as a Component Within a Generic Market Model Architecture -- A Conceptual Framework for the Evaluation of Agent-Based Trading and Technical Analysis -- Which Market Protocols Facilitate Fair Trading? -- Market Dynamics and Efficiency -- An Artificial Economics View of the Walrasian and Marshallian Stability -- The Performance of Option--Trading Software Agents: Initial Results -- Studies on the Impact of the Option Market on the Underlying Stock Market -- On Rational Noise Trading and Market Impact -- Analysis of Economic and Social Networks -- A Note on Symmetry in Job Contact Networks -- Innovation and Knowledge Spillovers in a Networked Industry -- Heterogeneous Agents with Local Social Influence Networks: Path Dependence and Plurality of Equilibria in the ACE Noiseless Case -- Economy-Driven Shaping of Social Networks and Emerging Class Behaviors -- Group Effect, Productivity and Segregation Optimality -- The Grass is Always Greener on the Other Side of the Fence: The Effect of Misperceived Signalling in a Network Formation Process -- Methodological Issues and Applications -- Market Selection of Competent Venture Capitalists -- A Binary Particle Swarm Optimization Algorithm for a Double Auction Market -- Better-Reply Strategies with Bounded Recall
Summary "This volume is devoted to recent contributions to the field from both the social sciences and computer sciences. It presents applications of agent-based computational methodologies and tools in the social sciences, focusing strongly on the uses, requirements and constraints of agent-based models employed by social scientists. Topics include agent-based macroeconomics, the emergence of norms and conventions, the dynamics of social and economic networks, and behavioral models in financial markets."--Page 4 of cover
Bibliography Includes bibliographical references
Notes English
Print version record
In Springer e-books
Subject Money market -- Econometric models
Economics -- Mathematical models.
BUSINESS & ECONOMICS -- Finance.
Economics -- Mathematical models.
Money market -- Econometric models.
Affaires.
Science économique.
Economie de l'entreprise.
Economics -- Mathematical models
Money market -- Econometric models
Agency theorie.
Computational statistics.
Simulatiemodellen.
Form Electronic book
Author Consiglio, Andrea.
ISBN 9783540731351
3540731350
3540731342
9783540731344
1281066397
9781281066398
9786611066390
661106639X