This article analyses the influence of trust on the functioning of a market for perishable goods, where there exists no quality signal and quantities can be scarce. On this market, agents can choose between bidding or exchanging through bilateral transactions. It is well accepted in economy that...

This paper presents an overview of how agent-based computational economics (ACE) can contribute to the study of economic systems both at the macro and the micro level. It highlights the way these models can improve our understanding of social interactions and coordination mechanisms and bring...

Basic evidences on non-profit making and other forms of benevolent-based organizations reveal a rough partition of members between somepure consumers of the public good (free-riders) and benevolent individuals (cooperators). We study the relationship between the community size and the level of...

French youth suffer from a high level of unemployment. This article evaluates how different social and individual characteristics influence job access channels.We distinguish between school and social networks and show that workers use networks differently depending on their characteristics....

We represent the functioning of the housing market and study the relation between income segregation, income inequality and house prices by introducing a spatial Agent-Based Model (ABM). Differently from traditional models in urban economics, we explicitly specify the behavior of buyers and...

This work aims at estimating the gender pay gap within the French ministries. For a long time people considered that, because of the sophisticated organization of the French public service, its mode of recruiting and promoting (through competitive exams and precise career ladder) and its way of...

In this paper, we study innovation processes and technological change in an agent-based model. By including a behavioral switching among heterogeneous innovative firms, which can endogenously change among three different classes (single innovators, collaborative innovators and imitators) on the...

In this paper we introduce a calibration procedure for validating of agent based models. Starting from the well-known financial model of Brock and Hommes 1998, we show how an appropriate calibration enables the model to describe price time series. We formulate the calibration problem as a...

In this paper we introduce a calibration procedure suitable for the validation of agent based models. Starting from the well-known financial model of Brock and Hommes 1998, we show how an appro- priate calibration technique makes the model able to describe price time series.The calibration...

In this paper we develop an interbank market with heterogeneous financial institutions that enter into lending agreements on different network structures. Credit relationships (links) evolves endogenously via a fitness mechanism based on agents performance. By changing the agent's trust on its...