Agent-based social simulation in markets

Bertels, Koen and Boman, Magnus (2001) Agent-based social simulation in markets. Electronic Commerce Research, 1 (1-2). pp. 149-158. ISSN 1389-5753 (Print) 1572-9362 (Online)

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We show that certain desired behavioural properties of agent-based models can be deterministically induced by an appropriate mathematical structure. We also point out problems related to the handling of parameters, and of the modelling of time, in agent-based models. Our purpose is to illustrate some problems of agent-based social simulations in markets, as a first step towards the more ambitious goal of providing a methodology for such simulations.

Item Type:Article
Uncontrolled Keywords:agents - simulation - modelling
ID Code:3044
Deposited On:15 Jul 2008
Last Modified:18 Nov 2009 16:17

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