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  • © 2007

Artificial Markets Modeling

Methods and Applications

Part of the book series: Lecture Notes in Economics and Mathematical Systems (LNE, volume 599)

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Table of contents (19 chapters)

  1. Front Matter

    Pages I-XV
  2. Market Mechanisms and Agents Behavior

    1. Front Matter

      Pages 45-45
    2. Testing Double Auction as a Component Within a Generic Market Model Architecture

      • Julien Derveeuw, Bruno Beaufils, Philippe Mathieu, Olivier Brandouy
      Pages 47-61
    3. Which Market Protocols Facilitate Fair Trading?

      • Marco LiCalzi, Paolo Pellizzari
      Pages 81-97
  3. Market Dynamics and Efficiency

    1. Front Matter

      Pages 99-99
    2. An Artificial Economics View of the Walrasian and Marshallian Stability

      • Marta Posada, Cesáreo Hernández, Adolfo López-Paredes
      Pages 101-111
    3. The Performance of Option—Trading Software Agents: Initial Results

      • Omar Baqueiro, Wiebe Van der Hoek, Peter McBurney
      Pages 113-125
    4. Studies on the Impact of the Option Market on the Underlying Stock Market

      • Sabrina Ecca, Mario Locci, Michele Marchesi
      Pages 127-139
    5. On Rational Noise Trading and Market Impact

      • Florian Hauser
      Pages 141-153
  4. Analysis of Economic and Social Networks

    1. Front Matter

      Pages 155-155
    2. A Note on Symmetry in Job Contact Networks

      • Andrea Mario Lavezzi, Nicola Meccheri
      Pages 157-169
    3. Innovation and Knowledge Spillovers in a Networked Industry

      • Jose I. Santos, Ricardo del Olmo, Javier Pajares
      Pages 171-180
    4. Economy-Driven Shaping of Social Networks and Emerging Class Behaviors

      • Philippe Caillou, Frederic Dubut, Michele Sebag
      Pages 195-207
    5. Group Effect, Productivity and Segregation Optimality

      • Raúl Conejeros, Miguel Vargas
      Pages 209-222

About this book

Agent-based computational modeling with its intrinsic multidisciplinary approach is gaining increasing recognition in the social sciences, particularly in economics, business and finance. The methodology is now widely used to compute analytical models numerically and test them for departures from theoretical assumptions, and to provide stand-alone simulation models for problems that are analytically intractable.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.

Editors and Affiliations

  • Department of Statistics and Mathematics Silvio Vianelli, University of Palermo, Palermo, Italy

    Andrea Consiglio

Bibliographic Information

Buy it now

Buying options

eBook USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access