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...

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...

The question of efficiency of market organization is an important one in economics. When theoretical results suggest the dominance of auctions, empirical studies present more mitigated results putting forward that the global efficiency depends on agents' characteristics and market environment....

Addressing issues of social diversity, we introduce a model of housing transactions between agents who are heterogeneous in their willingness to pay. A key assumption is that agents' preferences for a location depend on both an intrinsic attractiveness and on the social characteristics of the...