Straatman, Bas; Marceau, Danielle; White, Roger - In: Computational Economics 41 (2013) 4, pp. 425-445
Agent-based market models are in general based on a-priori defined supply and demand schemes. Likewise, production models assume that prices are known a-priori. In reality prices depend on variable demands and supplies, while demand and supply depend on variable prices, and these two processes...