This book aims to answer two questions that are fundamental to the study of agent-based economic models: what is agent-based computational economics and why do we need …
CC Tai, SH Chen, LX Yang - Journal of Economic Dynamics and Control, 2018 - Elsevier
Our goal in this paper is to understand how heterogeneity in people's cognitive ability leads to different market behavior, and thus different market performance. To do this, subjects with …
SH Chen - Routledge Handbook of Evolutionary Economics, 2023 - taylorfrancis.com
Agent-based computational economics (ACE) has been long considered a computational companion to evolutionary economics (EE) or simply computational EE; its main connection …
SH Chen, YF Kao - Minds, models and milieux—Commemorating the …, 2016 - aeaweb.org
In this article, we review the development of agent-based computational economics (ACE) in light of Herbert Simon's lifetime contributions to a variety of scientific areas. We take an …
SH Chen, T Yu - Frontiers of Electrical and Electronic Engineering in …, 2011 - Springer
This paper demonstrates the potential role of autonomous agents in economic theory. We first dispatch autonomous agents, built by genetic programming, to double auction markets …
SH Chen, YR Du - Granular computing and decision-making: Interactive …, 2015 - Springer
In this article, we attempt to provide a review of the idea of granularity in economic decision making. The review will cover the perspectives from different disciplines, including …
SH Chen - The handbook on reasoning-based intelligent systems, 2013 - World Scientific
In this chapter, we compare the development of the artificial agents in two popular kinds of agent-based computational economic models. One is the agent-based models guided by …
A Veski, K Põder - Research in Economics and Business: Central …, 2016 - academia.edu
In the first 20 years of the market economy in Estonia, the public school market was decentralised in Tallinn. Recently, a hybrid market was established by centralising the …