Listar por tema "Agent-based models"
Mostrando ítems 1-4 de 4
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A calibration procedure for analyzing stock price dynamics in an agent-based framework
Elsevier (2015-11)In this paper we introduce a calibration procedure for validating of agent based models. Starting from the well-known financial model of (Brock and Hommes, 1998), we show how an appropriate calibration enables the model ... -
Interaction in agent-based economics: A survey on the network approach
Elsevier (2014)In this paper we aim to introduce the reader to some basic concepts and instruments used in a wide range of economic networks models. In particular, we adopt the theory of random networks as the main tool to describe the ... -
The effects of a financial transaction tax in an artificial financial market
Springer (2015-04)We investigate the effects of a Financial Transaction Tax (FTT) in an order-driven artificial financial market. FTTs are meant to limit short-term speculative behavior by reducing the amount of excess liquidity in the ... -
The impact of banks’ capital adequacy regulation on the economic system: an agent-based
World Scientific (2012-09)Since the start of the financial crisis in 2007, the debate on the proper level leverage of financial institutions has been flourishing. The paper addresses such crucial issue within the Eurace artificial economy, by ...