Climate change is one of the most daunting challenges human kind has ever faced. In the
paper, we provide a survey of the micro and macro economics of climate change from a …

This chapter surveys the state-of-art of heterogeneous agent models (HAMs) in finance
using a jointly theoretical and empirical analysis, combined with numerical analysis from the …

Agent-based modeling (ABM) is a novel computational methodology for representing the
behavior of individuals in order to study social phenomena. Its use is rapidly growing in …

Efficiently calibrating agent-based models (ABMs) to real data is an open challenge. This
paper explicitly tackles parameter space exploration and calibration of ABMs by combining …

Since the survey by Windrum et al.(Journal of Artificial Societies and Social Simulation 10: 8,
2007), research on empirical validation of agent-based models in economics has made …

Macroeconomic modelling has been under intense scrutiny since the Great Financial Crisis,
when serious shortcomings were exposed in the methodology used to understand the …

We examine the stylized facts of eight forms of cryptocurrencies representing almost 70% of
cryptocurrency market capitalization. In particular, the empirical results show that (1) there …

The paper presents a model of conflict inflation to investigate the distributional effects of
energy price shocks. We argue that periods of high inflation are always periods of significant …

Quantitative finance has had a long tradition of a bottom-up approach to complex systems
inference via multi-agent systems (MAS). These statistical tools are based on modelling …

In this review we discuss advances in the agent-based modeling of economic and social
systems. We show the state of the art of the heuristic design of agents and how behavioral …