Publication | Open Access
ACE model of endogenous interactions
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Citations
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References
2005
Year
Dynamic EquilibriumAgent Decision-makingConcerns ModelsGame TheoryComputational Game TheoryMarket DesignAgent-based SystemSimultaneous Equation ModelingExperimental EconomicsModeling And SimulationMechanism DesignAgent-based Computational EconomicsEconomicsVarious ApproachesBehavioral AgentBehavioral EconomicsBusinessEconometricsGame ConfrontationTheoretical ModelingAce Model
Various approaches used in Agent-based Computational Economics (ACE) to model endogenously determined interactions between agents are discussed. This concerns models in which agents not only (learn how to) play some (market or other) game, but also (learn to) decide with whom to do that (or not).
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