Lecture Notes in Economics and Mathematical Systems

Advances in Artificial Economics

The Economy as a Complex Dynamic System

Editors: Bruun, Charlotte (Ed.)

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eBook $129.00
price for USA in USD (gross)
  • ISBN 978-3-540-37249-3
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  • Immediate eBook download after purchase
Softcover $169.99
price for USA in USD
  • ISBN 978-3-540-37247-9
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About this book

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)

  • Heterogeneous Beliefs Under Different Market Architectures

    Anufriev, Mikhail (et al.)

    Pages 3-15

  • The Allocative Effectiveness of Market Protocols Under Intelligent Trading

    LiCalzi, Marco (et al.)

    Pages 17-29

  • Strategic Behaviour in Continuous Double Auction

    Posada, Marta (et al.)

    Pages 31-43

  • A Broad-Spectrum Computational Approach for Market Efficiency

    Brandoy, Olivier (et al.)

    Pages 47-61

  • The Dynamics of Quote Prices in an Artificial Financial Market with Learning Effects

    Consiglio, Andrea (et al.)

    Pages 63-75

Buy this book

eBook $129.00
price for USA in USD (gross)
  • ISBN 978-3-540-37249-3
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $169.99
price for USA in USD
  • ISBN 978-3-540-37247-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Advances in Artificial Economics
Book Subtitle
The Economy as a Complex Dynamic System
Editors
  • 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 and Tables
93 b/w illustrations
Topics