Advances in Artificial Economics
The Economy as a Complex Dynamic System
Editors: Bruun, Charlotte (Ed.)
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- About this book
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Perceiving the economy as a complex dynamic system, generates a need for new tools for its study. As a constructive simulation method, Agent-Based Computational Economics (ACE) has in recent years proven its strength and extensive applicability. Fields of study are widely spread within economics, with a cluster around financial markets. This book is based on communications given at AE’2006 (Aalborg, Denmark) – the second symposium on Artificial Economics, and covers both wellknown questions of economics, like the existence of market efficiency, as well as new questions raised by the new tools, for example questions related to networks of social interaction.
- Table of contents (20 chapters)
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Heterogeneous Beliefs Under Different Market Architectures
Pages 3-15
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The Allocative Effectiveness of Market Protocols Under Intelligent Trading
Pages 17-29
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Strategic Behaviour in Continuous Double Auction
Pages 31-43
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A Broad-Spectrum Computational Approach for Market Efficiency
Pages 47-61
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The Dynamics of Quote Prices in an Artificial Financial Market with Learning Effects
Pages 63-75
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Table of contents (20 chapters)
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Bibliographic Information
- Bibliographic Information
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- Book Title
- Advances in Artificial Economics
- Book Subtitle
- The Economy as a Complex Dynamic System
- Editors
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- Charlotte Bruun
- Series Title
- Lecture Notes in Economics and Mathematical Systems
- Series Volume
- 584
- Copyright
- 2006
- Publisher
- Springer-Verlag Berlin Heidelberg
- Copyright Holder
- Springer-Verlag Berlin Heidelberg
- eBook ISBN
- 978-3-540-37249-3
- DOI
- 10.1007/3-540-37249-0
- Softcover ISBN
- 978-3-540-37247-9
- Series ISSN
- 0075-8442
- Edition Number
- 1
- Number of Pages
- XVI, 296
- Number of Illustrations
- 93 b/w illustrations
- Topics