Zero-Intelligence Trading Without Resampling; Understanding the Price Dynamics of a Real Market Using Simulations: The Dutch Auction of the Pescara Wholesale Fish Market; Market Behavior Under Zero-Intelligence Trading and Price Awareness; Evolutionary Switching between Forecasting Heuristics: An Explanation of an Asset-Pricing Experiment; Prospect Theory Behavioral Assumptions in an Artificial Financial Economy; Computing the Evolution of Walrasian Behaviour; Multidimensional Evolving Opinion for Sustainable Consumption Decision
Summary
Agent-based simulation has become a widely accepted tool when dealing with complexity in economics and other social sciences. This book includes contributions which apply agent-based methods to derive results from complex models related to market mechanisms, evolution, decision making, and information economics
