Posted Jul 1, 2011, 10:03 AM by Olaf Bochmann
Econometric Multiplayer Game
In order to harvest behavioral patterns of market participants Doyne Farmer came up with the idea to use an agent based economic model in a gaming mode. The idea is ...
Posted Aug 8, 2011, 8:19 AM by Olaf Bochmann
Computational Mechanics is an extension of the approaches typically found in statistical mechanics. It is a technique to describe both temporal and spacial organization in systems. It is a more ...
Posted Feb 28, 2011, 1:47 AM by Olaf Bochmann
Agent-Based Model of the Housing Bubble
This article outlines an approach in agent-based computational economics to build a macroeconomic model of the recent housing bubble. The goal of this effort is to gain a better ...
Posted Dec 15, 2010, 11:28 AM by Olaf Bochmann
Agent-based Computational Economics
The goal of agent based modelin in economics is to investigate, how a decentralized economy coordinates economic activities. This question is basically the same as the one Keynes (1934) once ...
Posted Dec 13, 2010, 3:22 PM by Olaf Bochmann
Empirical Techniques to Probe Social Network Structure
Social networks are networks in which vertices represent people or groups of people and edges are social interaction among them, e.g. friendship. In sociological terms vertices are actors and ...
Posted Dec 13, 2010, 6:29 AM by Olaf Bochmann
Entropy and Information
Information is reduction in uncertainty and has nothing to do with knowledge. Imagine you are about to observe the outcome of a coin flip and the outcome ...
Posted Nov 10, 2010, 9:22 AM by Olaf Bochmann
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