Computational Methods in Economic Dynamics

• Corporate Author: SpringerLink (Online service)
• Other Authors: Dawid, Herbert (Editor), Semmler, Willi (Editor)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2011.
• Series: Dynamic Modeling and Econometrics in Economics and Finance, 13
• Subjects: Operations research.; Decision making.; Application software.; Economic theory.; Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.; Computer Appl. in Social and Behavioral Sciences.; Operation Research/Decision Theory.

This volume is centered around the issue of market design and resulting market dynamics. The economic crisis of 2007-2009 has once again highlighted the importance of a proper design of market protocols and institutional details for economic dynamics and macroeconomics. Papers in this volume capture...

Table of Contents:

• Editorial
• Market Dynamics With Heterogeneous Agents: Allocative Efficiency and Traders' Protection Under Zero Intelligence Behavior
• Using Software Agents to Supplement Tests Conducted by Human Subjects
• Diversification Effect of Heterogeneous Beliefs
• Can Investors Benefit from Using Trading Rules Evolved by Genetic Programming? A Test of the Adaptive Efficiency of U.S. Stock Markets With Margin Trading Allowed
• Bankruptcy Prediction: A Comparison of Some Statistical and Machine Learning Techniques
• Dynamic Policy Perspectives: Testing Institutional Arrangements via Agent-Based Modeling: A U.S. Electricity Market Application
• Energy Shocks and Macroeconomic Stabilization Policies in an Agent-based Macro Model
• The Impact of Migration on Origin Countries: A Numerical Analysis
• An Algorithmic Equilibrium Solution for n-Person Dynamic Stackelberg Difference Games With Open-Loop Information Pattern.