© 2006

Advances in Artificial Economics

The Economy as a Complex Dynamic System

  • Charlotte Bruun

Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 584)

Table of contents

  1. Front Matter
    Pages I-XV
  2. Market Structure and Economic Behaviour

    1. Front Matter
      Pages 1-1
    2. Mikhail Anufriev, Valentyn Panchenko
      Pages 3-15
    3. Marta Posada, Cesáreo Hernández, Adolfo López-Paredes
      Pages 31-43
  3. Market Efficiency and the Role of Speculation

    1. Front Matter
      Pages 45-45
    2. Olivier Brandoy, Philippe Mathieu
      Pages 47-61
    3. Andrea Consiglio, Valerio Lacagnina, Annalisa Russino
      Pages 63-75
  4. Firm-Consumer Dynamics

    1. Front Matter
      Pages 91-91
    2. César García-Díaz, Arjen van Witteloostuijn
      Pages 93-104
    3. Jacques Laye, Maximilien Laye, Charis Lina, Hervé Tanguy
      Pages 105-119
    4. Alexander Gorobets, Bart Nooteboom
      Pages 121-132
  5. Social Interaction - Network Effects

    1. Front Matter
      Pages 147-147
    2. Akira Namatame
      Pages 149-165
    3. A. O. I. Hoffmann, S. A. Delre, J. H. von Eije, W. Jager
      Pages 167-176
    4. Sitabhra Sinha, Srinivas Raghavendra
      Pages 177-190
  6. Social Interaction - Connectivity

    1. Front Matter
      Pages 201-201

About this book


Perceiving the economy as a complex dynamic system, generates a need for new tools for its study. As a constructive simulation method, Agent-Based Computational Economics (ACE) has in recent years proven its strength and extensive applicability. Fields of study are widely spread within economics, with a cluster around financial markets. This book is based on communications given at AE’2006 (Aalborg, Denmark) – the second symposium on Artificial Economics, and covers both wellknown questions of economics, like the existence of market efficiency, as well as new questions raised by the new tools, for example questions related to networks of social interaction.


Agent-Based Computational Economics Computational Game Theory Finance Investment Market Modelling Network Economics Simulation

Editors and affiliations

  • Charlotte Bruun
    • 1
  1. 1.Department of Economics, Politics and Public AdministrationAalborg UniversityAalborgDenmark

Bibliographic information