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    • openAccess   Housing Market Bubbles and Business Cycles in an Agent-Based Credit Economy 

      Erlingsson, Einar Jón; Cincotti, Silvano; Stefánsson, Hlynur; Sturluson, Jon Thor; Teglio, Andrea; Raberto, Marco Dennis J. Snower (2013)
      In this paper the authors present an agent-based model of a credit network economy. The artificial economy includes different economic agents that interact using simple behavioral rules through various markets, i.e., the ...