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This handbook comprises 16 chapters surveying agent-based computational economics research, 6 shorter essays providing personal perspectives, and a "getting started" guide for newcomers to agent-based modeling in the social sciences. Research topics covered include: learning representations for...
Persistent link: https://www.econbiz.de/10004979916
Nonlinear AC Optimal Power Flow (OPF) problems are commonly approximated by linearized DC OPF problems to obtain real power solutions for restructured wholesale power markets. We first present a standard DC OPF problem, which has the numerically desirable form of a strictly convex quadratic...
Persistent link: https://www.econbiz.de/10004979917
Related work can be accessed here: http://www.econ.iastate.edu/tesfatsi/tnghome.htm
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This encyclopedia entry summarizes work by Robert E. Kalaba and Leigh Tesfatsion on nonlocal sensitivity analysis (sensitivity analysis over parameter intervals). A complete differential system for accomplishing this nonlocal sensitivity analysis is implemented by means a Fortran program "Nasa"...
Persistent link: https://www.econbiz.de/10004979922
This paper reports on computational experiments for an agent-based computational economics (ACE) model of a labor market with choice and refusal of contractual partners and endogenously evolving work-site behavior. Three types of labor market structures are examined: two-sided markets comprising...
Persistent link: https://www.econbiz.de/10004979929
This proceedings paper surveys work on the FEED (Fast Efficient Evaluation of Derivatives) algorithm originally developed by Kalaba, Tesfatsion, and Wang (1983), with particular reference to the use of FEED for the implementation of nonlocal automated sensitivity techniques; see the articles...
Persistent link: https://www.econbiz.de/10004979930
This article extends the traditional iterated prisoner's dilemma (IPD) with round-robin partner matching by permitting players to choose and refuse partners in each iteration on the basis of continually updated expected payoffs. Comparative computer experiments are reported that indicate the...
Persistent link: https://www.econbiz.de/10004979931
This study uses an agent-based computational experiments to examine the effects of a non-employment payment on network formation and work-site behaviors among workers and employers participating in a sequential employment game with incomplete contracts. Findings are compared with those obtained...
Persistent link: https://www.econbiz.de/10004979932
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