Self-organization of markets: An example of a computational approach
From MaRDI portal
Publication:1906178
DOI10.1007/BF01298460zbMath0840.90016MaRDI QIDQ1906178
Publication date: 8 February 1996
Published in: Computational Economics (Search for Journal in Brave)
91B38: Production theory, theory of the firm
Related Items
Emergence and Universal Computation, Coordination of decisions in a spatial agent model, Varieties of agents in agent-based computational economics: a historical and an interdisciplinary perspective, Psychology implies paternalism? Bounded rationality may reduce the rationale to regulate risk-taking, The neutrality of money revisited with a bottom-up approach: Decentralisation, limited information and bounded rationality, Evolving market structure: An ACE model of price dispersion and loyalty, Agent-based computational transaction cost economics, An illustration of the essential difference between individual and social learning, and its consequences for computational analyses., Stochastic optimization on social networks with application to service pricing, GRAPHS, NETWORKS AND ACE
Cites Work
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Money as a medium of exchange in an economy with artificially intelligent agents
- Additive and cancellative interacting particle systems
- The statistical mechanics of strategic interaction
- Random economies with many interacting agents
- Learning in extensive-form games: Experimental data and simple dynamic models in the intermediate term
- The Framing of Decisions and the Psychology of Choice
- Learning, Local Interaction, and Coordination
- A Model of Stochastic Equilibrium in a Quasi-Competitive Industry
- Aggregate fluctuations from independent sectoral shocks: self-organized criticality in a model of production and inventory dynamics
- Learning, Mutation, and Long Run Equilibria in Games
- The Evolution of Conventions