In this paper we describe a simple model of adaptive agents of different types, represented by Learning Classifier Systems (LCS), which make investment decisions about a risk fre...
In this paper we demonstrate how a qualitative framework for decision making can be used to model scenarios from experimental economic studies and we show how our approach explains...
Trevor J. M. Bench-Capon, Katie Atkinson, Peter Mc...
This paper extends earlier work in the use of ‘Agent-based Computational Economics’ (ACE) for modelling the development of co-operation between firms. Inter-firm relations hav...
In this paper, we study multi-agent economic systems using a recent approach to economic modeling called Agent-based Computational Economics (ACE): the application of the Complex ...
We examine the relationship between the investment that a society makes in education in one generation, and the outcome in terms of the health of the society’s economy in ensuing...