Name
Abstract | ||
|---|---|---|
In an artificial market approach with multi-agent systems, the static equilibrium concept is often used in market systems
to approximate continuous market auctions. However, differences between the static equilibrium concept and continuous auctions
have not been discussed in the context of an artificial market study. In this paper, we construct an artificial market model
with both of them, namely, the Itayose and Zaraba method, and show simple characteristic differences between these methods
based on computer simulations. The result indicates the further need to model the market system by studying artificial markets. |
Year | DOI | Venue |
|---|---|---|
2004 | 10.1007/BF03037647 | New Generation Comput. |
Keywords | Field | DocType |
itayose,zaraba,multi- agent system.,agent-based simulation,artificial market,multi agent system,computer simulation | Mechanical equilibrium,Industrial engineering,Computer science,Theoretical computer science,Multi-agent system,Common value auction,Market system,Artificial market | Journal |
Volume | Issue | ISSN |
23 | 1 | 1882-7055 |
Citations | PageRank | References |
0 | 0.34 | 0 |
Authors | ||
4 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| Hidenori Kawamura | 1 | 42 | 18.22 |
| Yasushi Okada | 2 | 0 | 0.34 |
| Azuma Ohuchi | 3 | 386 | 68.99 |
| Koichi Kurumatani | 4 | 169 | 33.89 |