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  1. Multiagentensysteme zur Simulation von Konsumentenentscheidungen
    Published: 2008
    Publisher:  Selbstverl. des Inst. für Geographie der Univ., Würzburg

    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
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    Content information
    Source: Staatsbibliothek zu Berlin
    Language: German
    Media type: Dissertation
    Format: Print
    RVK Categories: RM 40738 ; RB 10738
    Series: Würzburger geographische Arbeiten ; 101
    Subjects: Einkaufsverhalten; Konsumentenverhalten; Agentenbasierte Modellierung; Simulation; Geographie; Theorie; Umea
    Scope: 182 S., graph. Darst., Kt.
    Notes:

    Zugl.: Würzburg, Univ., Diss., 2007

  2. Multiagentensysteme zur Simulation von Konsumentenentscheidungen
    Published: 2008
    Publisher:  Selbstverl. des Inst. für Geographie der Univ. Würzburg, Würzburg

    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
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    Source: Staatsbibliothek zu Berlin
    Language: German
    Media type: Dissertation
    Format: Print
    RVK Categories: RM 40738 ; RB 10738
    Series: Würzburger geographische Arbeiten ; 101
    Subjects: Einkaufsverhalten; Konsumentenverhalten; Agentenbasierte Modellierung; Simulation; Geographie; Theorie; Umea
    Scope: 182 S., graph. Darst., Kt.
    Notes:

    Zugl.: Würzburg, Univ., Diss., 2007

  3. Beyond DSGE models
    toward an empirically based macroeconomics
    Published: 2008
    Publisher:  Middlebury College, Dep. of Economics, Middlebury, Vt.

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Language: English
    Media type: Book
    Format: Online
    Series: Middlebury College economics discussion paper ; 08,08
    Subjects: Dynamisches Gleichgewicht; Makroökonomik; Agentenbasierte Modellierung; Ökonomische Ideengeschichte
    Scope: Online-Ressource (10 S.)
  4. An agent-based computational approach to explaining persistent spatial unemployment disparities
    Published: Sept. 2008
    Publisher:  Norwegian School of Economics and Business Administration, Dep. of Finance and Management Service, Bergen

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 49 (2008.17)
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    Media type: Book
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    Series: Discussion paper / Norwegian School of Economics and Business Administration, Department of Finance and Management Service ; 2008,17
    Subjects: Regionaler Arbeitsmarkt; Räumliche Verteilung; Agentenbasierte Modellierung; Norwegen
    Scope: Online-Ressource, 31 S. = 426 KB, Text
  5. Serious games for economists
    Published: 2008

    Staats- und Universitätsbibliothek Bremen
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Article (edited volume)
    Format: Print
    Parent title: In: Complexity and artificial markets; Berlin : Springer, 2008; (2008), Seite 159-171; XIX, 234 S.

    Subjects: Agentenbasierte Modellierung; Simulation; Spieltheorie; Künstliche Intelligenz; Computerspiel; Theorie
  6. Financial contagion
    evolutionary optimisation of a multinational agent-based model
    Published: 2008
    Publisher:  CESifo, München

    Over the past two decades, financial market crises with similar features have occurred in different regions of the world. Unstable cross-market linkages during a crisis are referred to as financial contagion. We simulate crisis transmission in the... more

    Staats- und Universitätsbibliothek Bremen
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    Over the past two decades, financial market crises with similar features have occurred in different regions of the world. Unstable cross-market linkages during a crisis are referred to as financial contagion. We simulate crisis transmission in the context of a model of market participants adopting various strategies; this allows testing for financial contagion under alternative scenarios. Using a minority game approach, we develop an agent-based multinational model and investigate the reasons for contagion. Although the phenomenon has been extensively investigated in the financial literature, it has not been studied through computational intelligence techniques. Our simulations shed light on parameter values and characteristics which can be exploited to detect contagion at an earlier stage, hence recognising financial crises with the potential to destabilise cross-market linkages. In the real world, such information would be extremely valuable in developing appropriate risk management strategies. - Financial contagion ; minority/majority game ; agent-based model ; evolutionary parameter optimisation

     

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    Source: Union catalogues
    Language: English
    Media type: Book
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    Other identifier:
    hdl: 10419/26489
    Series: Array ; 2444
    Subjects: Finanzkrise; Ansteckungseffekt; Spieltheorie; Agentenbasierte Modellierung; Welt
    Scope: Online-Ressource (PDF-Datei: 25 S., 329 KB), graph. Darst.
  7. A frictionless economy with suboptimizing agents
    Published: 2008
    Publisher:  Univ., Dep. of Economics, Vienna

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Keine Speicherung
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working papers / Department of Economics, University of Vienna ; 0811
    Subjects: Geldpolitik; Allgemeines Gleichgewicht; Agentenbasierte Modellierung; Entscheidungstheorie; Theorie
    Scope: Online-Ressource (PDF-Datei: 18 S., 319 KB)
  8. The effect of consumption and production structure on growth and distribution
    a micro to macro model
    Published: 2008
    Publisher:  Max-Planck-Inst. für Ökonomik, Jena

    The paper contributes to the literature on the relation between structural changes in demand and supply and growth. We develop a macro-economic model with agent-based micro-foundations that articulates the links between production and organisational... more

    Thüringer Universitäts- und Landesbibliothek
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    DS 85 (0813)
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    Universitätsbibliothek Osnabrück
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    The paper contributes to the literature on the relation between structural changes in demand and supply and growth. We develop a macro-economic model with agent-based micro-foundations that articulates the links between production and organisational structures on the supply side, and the endogenous evolution of income distribution on the demand side. The model contains a simplified, though robust, representation of individual firms in the final goods and capital sectors and classes of workers/consumers. The results, in addition to addressing the technical issue of the model's robustness, illustrate the micro- and meso-properties of the simulated growth patterns. In particular, we observe and explain the interactions between technological change, firm organisation, income distribution, consumption behaviour and growth. The analysis performed on the simulated results broadly confirms and further extends the empirical evidence presented in the literature. -- Structural change ; consumption ; earnings distribution ; growth

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/32658
    Series: Papers on economics and evolution ; 0813
    Subjects: Strukturwandel; Privater Konsum; Einkommensverteilung; Wirtschaftswachstum; Makroökonomik; Agentenbasierte Modellierung; Theorie
    Scope: Online-Ressource (PDF-Datei: 40 S., 1,91 MB)
  9. Efficient algorithms for the microsimulation of travel behavior in very large scenarios
    Published: 2008
    Publisher:  ETH, Zürich

    Universitätsbibliothek Braunschweig
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    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
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    VSM
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    Source: Union catalogues
    Language: English
    Media type: Dissertation
    Format: Online
    Other identifier:
    Diss. ETH Nr. 18034
    Subjects: Verkehrsverhalten; Agentenbasierte Modellierung; Algorithmus; Mikrosimulation; Theorie
    Scope: Online-Ressource (PDF-Datei: XIV, 166 S., 4,78 MB), graph. Darst.
    Notes:

    Zsfassung in dt. Sprache

    Zürich, Eidgenössische Techn. Hochsch., Diss., 2008

  10. Curse of mediocrity
    on the value of asymmetric fundamental information in asset markets
    Published: 2008
    Publisher:  Dep. of Economics (Inst. für Wirtschaftstheorie, Wirtschaftspolitik und Wirtschaftsgeschichte), Innsbruck ; Dep. of Public Finance (Inst. für Finanzwiss.) ; Dep. of Statistics (Inst. für Statistik)

    Literaturverz. S. 23 - 25 more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 1720 (2008.19)
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    Literaturverz. S. 23 - 25

     

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    Source: Union catalogues
    Language: English
    Media type: Book
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    Series: Working papers in economics and statistics ; 2008,19
    Subjects: Finanzanalyse; Asymmetrische Information; Informationswert; Vertrauen; Agentenbasierte Modellierung; Experimentelle Ökonomik; Theorie
    Scope: 46 S., graph. Darst., 21 cm
    Notes:

    Erhältl. bei: Inst. für Finanzwiss., A-6020 Innsbruck, Universitätsstraße 15

  11. A model of partnership fornmation
    Published: 2008
    Publisher:  Center for Economic Research, Tilburg

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 37 (2008,103)
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    Language: English
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    Other identifier:
    Series: Discussion Paper / CentER for Economic Research ; 2008,103
    Subjects: Personengesellschaft; Kooperation; Matching; Mathematische Optimierung; Agentenbasierte Modellierung; Suchtheorie; Theorie
    Scope: Online-Ressource (PDF-Datei: 15 S.)
  12. An Evolutionary Agent-based simulation model for the industry life cycle
    Published: 2008
    Publisher:  Univ. of Technology, Fac. of Business Management and Economics, Dresden

    In contrast to the usual approach taken in the literature, in which an Industry Life Cycle (ILC) is reproduced by aggregate functions, the model of this paper generates a self-organizing ILC. A general evolutionary agent-based simulation model is... more

    Staats- und Universitätsbibliothek Bremen
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 33 (08.10)
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    In contrast to the usual approach taken in the literature, in which an Industry Life Cycle (ILC) is reproduced by aggregate functions, the model of this paper generates a self-organizing ILC. A general evolutionary agent-based simulation model is developed that can be adapted for specific branches of industry. The results enable conclusions to be drawn for competition policy with regard to the workability of competition in the various phases of the ILC. -- Industry Life Cycle ; Agent-Based Simulation Model ; Evolutionary Economics

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/36506
    Series: Dresden discussion paper series in economics ; 08,10
    Subjects: Lebenszyklus; Industrie; Agentenbasierte Modellierung; Simulation; Evolutionsökonomik; Theorie
    Scope: Online-Ressource (26 S.), graph. Darst.
  13. Follow the leader
    simulations on a dynamic social network
    Published: 2008

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 712 (155)
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    Source: Union catalogues
    Language: English
    Media type: Book
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    Series: Working paper / University of Technology, School of Finance and Economics, UTS: Business ; 155
    Subjects: Soziale Beziehungen; Konsumentenverhalten; Simulation; Agentenbasierte Modellierung; Theorie
    Scope: 48 S., graph. Darst.
  14. Applications of statistical physics in finance and economics
    Published: June 2008
    Publisher:  Kiel Inst. for the World Economy, Kiel

    This chapter reviews recent research adopting methods from statistical physics in theoretical or empirical work in economics and finance. The bulk of what has recently become known as 'econophysics' in broader circles draws its motivation from... more

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    Leibniz-Institut für Wirtschaftsforschung Halle, Bibliothek
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    EWP 1
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    This chapter reviews recent research adopting methods from statistical physics in theoretical or empirical work in economics and finance. The bulk of what has recently become known as 'econophysics' in broader circles draws its motivation from observed scaling laws in financial markets and the abundance of data available from the economy's financial sphere. Sec. 2 of this review presents the robust power laws encountered in financial economics and discusses potential explanations for scaling in finance derived from models of stochastic interactions of traders. Sec. 3 provides an overview over other applications of statistical physics methodology in finance and attempts to evaluate the impact they have had so far on financial economics. With the following section, the review turns to recent work on the emergence of wealth and income heterogeneity and the recent inception of new strands of research on this topic, both within econophysics and the neoclassical economics tradition. Sec. 5 reviews the new stylized facts that have been identified in cross-sectional data of firm characteristics and agent-based approaches to industrial organization and macroeconomic dynamics that have been motivated by these findings. We conclude with an assessment of the major methodological contributions of this new strand of research. -- Stylized facts ; power laws ; agent-based models ; econophysics

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Kiel working paper ; 1425
    Subjects: Ökonophysik; Finanzmarkt; Wirtschaftstheorie; Agentenbasierte Modellierung; Querschnittsanalyse; Theorie
    Scope: Online-Ressource, 65, I S., Text, graph. Darst.
  15. Stochastic behavioral asset pricing models and the stylized facts
    Published: June 2008
    Publisher:  Kiel Inst. for the World Economy, Kiel

    High-frequency financial data are characterized by a set of ubiquitous statistical properties that prevail with surprising uniformity. While these 'stylized facts' have been well-known for decades, attempts at their behavioral explanation have... more

    Staats- und Universitätsbibliothek Bremen
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    EWP 1
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    DS 3 (1426)
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    High-frequency financial data are characterized by a set of ubiquitous statistical properties that prevail with surprising uniformity. While these 'stylized facts' have been well-known for decades, attempts at their behavioral explanation have remained scarce. However, recently a new branch of simple stochastic models of interacting traders have been proposed that share many of the salient features of empirical data. These models draw some of their inspiration from the broader current of behavioral finance. However, their design is closer in spirit to models of multi-particle interaction in physics than to traditional asset-pricing models. This reflects a basic insight in the natural sciences that similar regularities like those observed in financial markets (denoted as 'scaling laws' in physics) can often be explained via the microscopic interactions of the constituent parts of a complex system. Since these emergent properties should be independent of the microscopic details of the system, this viewpoint advocates negligence of the details of the determination of individuals' market behavior and instead focuses on the study of a few plausible rules of behavior and the emergence of macroscopic statistical regularities in a market with a large ensemble of traders. This chapter will review the philosophy of this new approach, its various implementations, and its contribution to an explanation of the stylized facts in finance. -- Agent-based models ; speculation ; stylized facts ; group dynamics

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Kiel working paper ; 1426
    Subjects: Börsenkurs; Finanzmarkt; Stochastischer Prozess; Anlageverhalten; Agentenbasierte Modellierung; Soziale Beziehungen; Ökonophysik; Theorie
    Scope: Online-Ressource, 75, I S., Text, graph. Darst.
  16. Other-regarding preferences in general equilibrium
    Published: 2008
    Publisher:  Centre for Economic Policy Research, London

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 32 (6815)
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    Language: English
    Media type: Book
    Format: Print
    Series: Array ; 6815
    Subjects: Offenbarte Präferenzen; Konsumgüter; Eigeninteresse; Wohlfahrtsanalyse; Agentenbasierte Modellierung; Theorie
    Scope: 46 S.
  17. Stochastic behavioral asset pricing models and the stylized facts
    Published: 2008
    Publisher:  Univ., Dep. of Economics, Kiel

    High-frequency financial data are characterized by a set of ubiquitous statistical properties that prevail with surprising uniformity. While these 'stylized facts' have been well-known for decades, attempts at their behavioral explanation have... more

    Universitätsbibliothek Kiel, Zentralbibliothek
    EZ 180
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    High-frequency financial data are characterized by a set of ubiquitous statistical properties that prevail with surprising uniformity. While these 'stylized facts' have been well-known for decades, attempts at their behavioral explanation have remained scarce. However, recently a new branch of simple stochastic models of interacting traders have been proposed that share many of the salient features of empirical data. These models draw some of their inspiration from the broader current of behavioural finance. However, their design is closer in spirit to models of multi-particle interaction in physics than to traditional asset-pricing models. This reflects a basic insight in the natural sciences that similar regularities like those observed in financial markets (denoted as 'scaling laws' in physics) can often be explained via the microscopic interactions of the constituent parts of a complex system. Since these emergent properties should be independent of the microscopic details of the system, this viewpoint advocates negligence of the details of the determination of individuals' market behavior and instead focuses on the study of a few plausible rules of behavior and the emergence of macroscopic statistical regularities in a market with a large ensemble of traders. This chapter will review the philosophy of this new approach, its various implementations, and its contribution to an explanation of the stylized facts in finance.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Economics working paper / Christian-Albrechts-Universität Kiel, Department of Economics ; 2008,08
    Subjects: Börsenkurs; Finanzmarkt; Stochastischer Prozess; Anlageverhalten; Agentenbasierte Modellierung; Soziale Beziehungen; Ökonophysik; Theorie
    Scope: Online-Ressource, 75 S., Text, graph. Darst.
  18. A Conceptual Model of Investor Behavior
    Published: 2008
    Publisher:  ERIM, Rotterdam

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 26 (2008.030)
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 1765/12468
    Series: Array ; 2008,030
    Subjects: Kapitalanlage; Rationalität; Anlageverhalten; Agentenbasierte Modellierung
    Scope: Online-Ressource (PDF-Datei: 52 S., 943,81 KB), graph. Darst.
    Notes:

    Literaturverz. S. 43 - 51

  19. New methods for energy market modelling
    proceedings of the first European workshop on Energy Market Modelling using agent-based compuational economics ; 1st EMMACE workshop 2007, 26th October Karlsruhe, Germany
    Contributor: Möst, Dominik (Hrsg.)
    Published: 2008
    Publisher:  Universitätsverlag, Karlsruhe

    Universitätsbibliothek Clausthal
    2010 A/ 7289
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    Badische Landesbibliothek
    108 A 53752
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    Karlsruher Institut für Technologie, KIT-Bibliothek
    2008 A 3559
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    A 254212
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    Universitätsbibliothek Mannheim
    242 QR 530 M694
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    Universitätsbibliothek Mannheim
    2008 A 6980
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    Kommunikations-, Informations- und Medienzentrum der Universität Hohenheim
    2745/309
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    Source: Union catalogues
    Contributor: Möst, Dominik (Hrsg.)
    Language: English
    Media type: Book
    Format: Print
    ISBN: 9783866442382
    RVK Categories: QR 530
    Subjects: Energiemarkt; Energieökonomik; Agentenbasierte Modellierung; Theorie
    Scope: 132 S., graph. Darst.
    Notes:

    Enth. 8 Beitr

  20. The politician and his banker
    Published: 17 Jan. 2008
    Publisher:  Max Planck Inst. for Research on Collective Goods, Bonn

    Should the European Union grant state aid through an institution like the European Investment bank? This paper evaluates the efficiency of different measures for grant-ing state aid. We use a theoretical model with firms that differ in their... more

    Staats- und Universitätsbibliothek Bremen
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 62 (2008.1)
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    Should the European Union grant state aid through an institution like the European Investment bank? This paper evaluates the efficiency of different measures for grant-ing state aid. We use a theoretical model with firms that differ in their creditworthiness and compare different types of subsidies with indirect subsidization through public banks. We find that, in a large parameter range, the politician prefers public banks to direct subsidies because they avoid windfall gains to entrepreneurs and they econo-mize on screening costs. For similar reasons, they may increase social welfare rela-tive to subsidies. One important prerequisite for this result is that public banks must not be allowed to fully compete with private banks. However, from a welfare perspec-tive, a politician uses public banks inefficiently often. -- Public bank ; development bank ; state aid ; subsidies ; governance

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/26938
    Series: Preprints of the Max Planck Institute for Research on Collective Goods ; 2008,1
    Subjects: Subvention; Entwicklungsbank; Governance-Ansatz; Öffentliche Bank; Agentenbasierte Modellierung; Theorie
    Scope: Online-Ressource, (28 S.), graph. Darst.
  21. Ideas and growth
    Published: 2008
    Publisher:  National Bureau of Economic Research, Cambridge, Mass.

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 1 (14133)
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    ifo Institut für Wirtschaftsforschung an der Universität München, Bibliothek
    http://www.nber.org/papers/w14133.pdf
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: NBER working paper series ; 14133
    Subjects: Technischer Fortschritt; Wissen; Kognition; Wirtschaftswachstum; Agentenbasierte Modellierung
    Scope: 24, [6] S., graph. Darst.
  22. Running agent-based models on a discrete-event simulator
    Published: 2008
    Publisher:  Univ. Management School, Lancester

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    Language: English
    Media type: Book
    Format: Online
    Series: Working papers / Lancaster University Management School ; 2008/005
    Subjects: Wirtschaftsinformatik; Simulation; Datenmodell; Agentenbasierte Modellierung; Softwareentwicklung
    Scope: Online-Ressource (8 S., 219,41 KB)
  23. On the scientific status of economic policy
    a tale of alternative paradigms
    Published: 2008
    Publisher:  Laboratory of Economics and Management, Sant'Anna School of Advanced Studies, Pisa

    In the last years, a number of contributions has argued that monetary - and, more generally, economic - policy is finally becoming more of a science. According to these authors, policy rules implemented by central banks are nowadays well supported by... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 203 (2008,3)
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    In the last years, a number of contributions has argued that monetary - and, more generally, economic - policy is finally becoming more of a science. According to these authors, policy rules implemented by central banks are nowadays well supported by a theoretical framework (the New Neoclassical Synthesis) upon which a general consensus has emerged in the economic profession. In other words, scientific discussion on economic policy seems to be ultimately confined to either fine-tuning this "consensus" model, or assessing the extent to which "elements of art" still exist in the conduct of monetary policy. In this paper, we present a substantially opposite view, rooted in a critical discussion of the theoretical, empirical and political-economy pitfalls of the neoclassical approach to policy analysis. Our discussion indicates that we are still far from building a science of economic policy. We suggest that a more fruitful research avenue to pursue is to explore alternative theoretical paradigms, which can escape the strong theoretical requirements of neoclassical models (e.g., equilibrium, rationality, etc.). We briefly introduce one of the most successful alternative research projects - known in the literature as agent-based computational economics (ACE) - and we present the way it has been applied to policy analysis issues. We conclude by discussing the methodological status of ACE, as well as the (many) problems it raises. -- Economic Policy ; Monetary Policy ; New Neoclassical Synthesis ; New Keynesian Models ; DSGE Models ; Agent-Based Computational Economics ; Agent-Based Models ; Post-Walrasian Macroeconomics ; Evolutionary Economics

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/89569
    Series: LEM working paper series ; 2008,03
    Subjects: Wirtschaftspolitik; Geldpolitik; Regelbindung versus Diskretion; Neoklassische Synthese; Neoklassische Synthese; Dynamisches Gleichgewicht; Agentenbasierte Modellierung; Theorie
    Scope: Online-Ressource ([JEL] B41 ; B50 ; E32 ; E52)
  24. Structural change of production and consumption
    a micro to macro approach to economic growth and income distribution
    Published: 2008
    Publisher:  Laboratory of Economics and Management, Sant'Anna School of Advanced Studies, Pisa

    We propose a theoretical model/framework for the analysis of the concomitant effects of structural changes in both production and consumption, on long run economic growth and income distribution. To accomplish with such a broad aim, we develop an... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 203 (2008,8)
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    We propose a theoretical model/framework for the analysis of the concomitant effects of structural changes in both production and consumption, on long run economic growth and income distribution. To accomplish with such a broad aim, we develop an evolutionary model with agentbased microfoundations. At the core of the model we take into account: (i) firmlevel organisational structure and technological changes; (ii) the impact of technology and organisation on the structure of earnings and income of workers/consumers; and (iii) the consequent changes in consumption patterns. The model thus articulates the links between production and organisation structures on the supply side, and the endogenous evolution of income distribution and consumption patterns on the demand side. We first analyse the model's properties, via numerical simulations, for a given setting of the structural conditions; we graphically show that the main determinants of endogenous economic growth and takeoff are the structural variables. We then analyse the space of the parameters that determine the structural conditions; simplified scenarios are identified via numerical simulations, in which patterns of aggregate growth are obtained as an emerging property of different structures of firms' organisation and production, functional composition of employment, income distribution and patterns of consumption. -- Structural change ; consumption ; earnings distribution ; growth

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/89274
    Series: LEM working paper series ; 2008,08
    Subjects: Bruttoinlandsprodukt; Privater Konsum; Strukturwandel; Technischer Fortschritt; Organisatorischer Wandel; Wirtschaftswachstum; Einkommensverteilung; Agentenbasierte Modellierung; Theorie
    Scope: Online Ressource, 55 S., Text, graph. Darst.
  25. Laboratory for Simulation Development
    LSD
    Published: 2008
    Publisher:  Laboratory of Economics and Management, Sant'Anna School of Advanced Studies, Pisa

    LSD is one of many programming languages designed to develop agent-based models. LSD implements time-driven models expressed in formats equivalent to discrete systems of equations, where each equation computes the value of a generic instance of a... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 203 (2008,12)
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    LSD is one of many programming languages designed to develop agent-based models. LSD implements time-driven models expressed in formats equivalent to discrete systems of equations, where each equation computes the value of a generic instance of a variable at a generic time step. LSD models are therefore extremely parsimonious in terms of details that users must provide to the system. When a model has been described, the system automatically generates a working program implementing the model, endowed with a complete set of interfaces for any possible operation on the model. The major feature of is that users can rely on an automatic scheduling system and on automatic retrieval of data required for the equations. Such features are particularly attractive in complex, multi-herarchical models. They permit even non-expert programmers to develop even relatively complex models with minimal training. The system's interfaces guarantee the complete control of the model at building, at run-time and at post-simulation analysis, facilitating debugging, revisions and detailed analysis of model results, which are useful properties especially when developing large models for ambitious projects. The design of LSD is based on an open architectureʺ, so that LSD can be used to implement any type of model, including even-driven models and models based on customized data structures. The intrinsic modularity of LSD models make them easily scalable facilitating the development of highly complex models by demanding users. The underlining layer of C++, accessible by the users, allows the inclusions of external libraries or of complex data structures, besides an extreme speed and dimensions of the model. This work reports on the major features of the design of LSD outlining its most prominent advantages for users of simulation models in research, particularly for agent-based simulations. -- Simulations models ; programming languages

     

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    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/89554
    Series: LEM working paper series ; 2008,12
    Subjects: Simulation; Agentenbasierte Modellierung; Theorie
    Scope: Online Ressource, 12 S., Text